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Ed Dring
Investment Specialist/Mortgage Broker
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Investment Prprty, 100% financing, Stated Income, $35K back after closing
Wednesday, April 11 2007 02:32 PM
I have 8, 1 bedroom 1 bath condos in a gated community which I purchased from the developer at a huge discount. It is a condo conversion that is closing out and I bought them below the offered price to the actual tenants/renters. I will provide the financing through my company and we will do a stated income, stated asset loan with no money down. The buyer will receive a check for $35,000.00 after closing in the form of a pre-paid lease from a property management company. We will then rent the unit out for you and you will get appx. $800 per month in rent from the actual renter as well as the upfront pre-paid lease of $35,000.00 from the mentioned prop. mgmt. co. We are working with a 1031 exchange advisor that want to buy these condos in bulk from us in 6-8 months or sooner. Then we do it again and you make more money! For more information contact me at edring@lvfgroup.com or by phone at (847) 760-6402. Also, you can take a tour of the units at www.buyamericaproperty.com
Ed Dring
www.buyamericaproperty.com
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