All Forum Posts by: Benjamin Fredricks

I've got two properties located in St. Louis that I'm selling for $12,900. That's $12,900 total for two properties. One property is a duplex and the other a SFR.

Duplex located at 3842 St. Louis Ave St. Louis, MO 63107

SFR located at 3050 Thomas St. St. Louis, MO 63106

I buy multiple properties from the bank every month and buy them sight unseen.  Assume these both need a full rehab given the way I'm pricing them.  If you're interested, give me a call or shoot me an email.  Cash only deal.

Ben Fredricks

407-491-0374

[email protected]

Great fixer upper property that is priced to sell fast! Over $60k in built in equity in the property. Don't wait, won't last at this price! Great opportunity for an investor or someone that wants to put their own touches on their house. We are motivated wholesalers, so make an offer before it's gone!  

Must sell this property located in Centralia, IL which is east of St. Louis. 

Address:  500 S. Cherry St Centralia, IL

Property needs work to get rental ready, but the ROI will be very solid on it. Priced at only $9,999 with an estimated ARV of $35,000. Cash deal only. Estimated rent is $700 -800 per month. Let me know if you are interested or know of someone.

Thanks,

Ben Fredricks

407-491-0374

[email protected]

I have a property in Flint that I'm looking to sell. Asking $15k or best offer. Ran the numbers and the property will produce a 20% ROI in year one. Needs a little TLC to bring rental ready but should be a solid income producer. Contact me directly if interested.

Ben Fredricks

407-491-0374

[email protected]

I have exclusive access to a great REO list from all over the country. I have to commit to $5 million in transaction and I will be looking to wholesale most of the properties so I need transactional funding. Does anyone know of a reputable transactional funding resource that can help on a project like this?

Hello fellow investors!  I can really use some advice on a deal that I'm trying to put together.  I have a motivated seller that owns 2 separate properties that are under a blanket mortgage.  One is a 4plex and the other a single family home.  I had no idea they were under a blanket mortgage until they agreed to allow me to assume the mortgage and then informed me.  They are open to selling the single family home with it as well.  Knowing that they are open to allowing me to assume the mortgage, what would be the best way to acquire this package deal without doing financing through my bank?  Would a lease purchase option make sense?  I don't see how they could do seller financing if both properties already have a lien.  Please let me know if you have any insight.

So I found a condo that is super cheap and the owner is offering financing.  The return is negative to small for the first few years but then jumps to 30% in year 5 after and over 60% by year 10.  Property will be paid off in 5 years.  All in all I'd be out of pocket $50 bucks a month which I can cover from other cash flow positive properties that I own but I'm wary about ever having a property that costs me money from the get go.  What would you do?

Riverfront location in the trendy downtown area of Daytona Beach. 12 luxury units fully rented. All condo docs done. Ready to sell. Full service high end restaurant on site. All build out done. Also pizzeria on site. PLUS 2 shelled out street facing units which can be a cigar bar and wine tasting spots Fantastic location - 2 mins to beach. Just listed at only $6.2 million (well below construction cost of $9.5 million). Roof top bar also a possibility. This includes all income and business goodwill as well as equipment to one of the best restaurants in town. 38,200 sq/ft luxury building with 12 units and multiple businesses. TREMENDOUS UPSIDE!!!!!!! Located in the historic district of downtown Daytona Beach, less than 2 miles from A1A and the beach. The downtown area is undergoing a great transformation with new residential units being built as well as rehab of commercial sites.

Garage parking with remove garage door openers (one per unit) Residential units are fully leased and come with top of the line finishes, fixtures and appliances. Private storage units on Mezzanine level. Roof top sun deck

Email me at [email protected] if interested in this property and would like to receive an investor package.

Riverfront location in the trendy downtown area of Daytona Beach. 12 luxury units fully rented. All condo docs done. Ready to sell. Full service high end restaurant on site. All build out done. Also pizzeria on site. PLUS 2 shelled out street facing units which can be a cigar bar and wine tasting spots Fantastic location - 2 mins to beach. Just listed at only $6.2 million (well below construction cost of $9.5 million). Roof top bar also a possibility. This includes all income and business goodwill as well as equipment to one of the best restaurants in town.   38,200 sq/ft luxury building with 12 units and multiple businesses. TREMENDOUS UPSIDE!!!!!!! Located in the historic district of downtown Daytona Beach, less than 2 miles from A1A and the beach.  The downtown area is undergoing a great transformation with new residential units being built as well as rehab of commercial sites.  

Garage parking with remove garage door openers (one per unit) Residential units are fully leased and come with top of the line finishes, fixtures and appliances. Private storage units on Mezzanine level. Roof top sun deck

Email me at [email protected] if interested in this property and would like to receive an investor package.