Turnkey Colorado-Based Foreclosure Flipping Business
| Asking Price: | $10,000 |
| Established Year: | 2019 |
| Gross Revenue: | $25,000 |
Foreclosure Inventory is rising, buy and sell Colorado Foreclosures
By now you've heard about the significant increase in Foreclosure Filings. The increased interest rates have made it more challenging for properties in need of repair to sell in the Colorado Market.
The result? More opportunities for individuals to invest in below market foreclosed homes.
But how do you FIND these foreclosure homes, then FIGURE (Analyze) the property for profitability, then find the capital you need to FUND these deals, then locate contractors to FIX the deal, finally getting to FLIP the deal for a profit?
This Foreclosure Profit System is your turnkey foreclosure investing solution.
Established in 2017 and having completed over 400 fix and flips in the state of Colorado. This business is well positioned to continue to be profitable by offering the new owner the following
1. A commissioned acquisitions team to locate Foreclosure Deals and an established network of REO Agents and Wholesalers who have worked with the business,
2. A set of Analysis tools with data to help you to quickly determine the value of the property and the rehab.
3. Established LLC that maintains relationships with hard and private money lenders willing to work with operators that have experience in real estate, construction, or investment vehicles
4. Access to a contract project management team to assist in budgeting, planning, and executing a remodel on the Foreclosure Flip Deal.
5. A licensed agent on the team to list the properties at a significant discount from standard retail commission in exchange for the volume of deals this system currently provides,
The business is an end to end solution for people looking to produce additional income in addition to regular employment or someone looking to transition into real estate investing full time.
The owner of this business will need to have $50,000 or more in liquidity available to invest in properties and have the ability to act quickly when new foreclosure property deals become available.
If you are an entrepreneur or investor who has always had an interest in real estate investing and now wants to capitalize on the growing number of properties in default and heading to foreclosure, this may be an ideal opportunity for you.
The existing owner will stay on for 1 year from the date of purchase to insure the new owner is fully trained in the foreclosure flip process. Additional consulting may be an option if needed.
