All Forum Posts by: Jeff Helm
Jeff Helm has started 22 posts and replied 51 times.
Post: LAKE FRONT FIX/FLIP OPPORTUNITY (BEACH DR OAKLAND TWP)
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Many options with this fixer upper, 1.) Clean-up, rent and refinance your money back out, 2.) rehab by relaying-out the interior and re-sell
Great area in Oakland County, Lake Access, walking distance to the parks and lake.
Oakland Township limits expansion to this property. The exterior footprint of the property cannot be modified, no 2nd story is allowed, you can only modify the interior walls,
Email me if you'd like to see recommend interior layout options!
Seeking cash only investors. Please text, email or call ASAP this will not last long.
More Pics here: https://detroit.craigslist.org/okl/reo/6117205845.html
Post: Buying properties in Michigan for 1031 exchange
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Post: Buying properties in Michigan for 1031 exchange
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Post: PRICE REDUCED 33% ROI BUY AND HOLD INVESTMENT PROPERTY
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
yes it is.
Post: LAKE FRONT FIX/FLIP OPPORTUNITY (BEACH DR OAKLAND TWP)
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
This won't last long, call or email me right away.
More information and pictures can be found here: https://detroit.craigslist.org/okl/reo/6117205845.html
Post: CPA in Metro Detroit for 1031 Exchange
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Post: PRICE REDUCED 33% ROI BUY AND HOLD INVESTMENT PROPERTY
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Completed updated in 2015, new roof, new furnace and water heater, new windows, siding, kitchen, bathroom, paint, etc.
Rent ready after minor paint and deck repair.
Call today to start getting 33% ROI on your money. 33% ROI is based on obtaining financing with 25% down-payment ($11,250) with 30 year fixed rate at 5.5%, $5,000 for rent ready repairs, vacancy at maintenance at 8% of gross rents.
Post: QUICK EASY FLIP OR NICE RENTAL
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Post: Land Contract - Minimize Risk for Due on Sales Clause?
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Post: Land Contract - Minimize Risk for Due on Sales Clause?
- Flipper/Rehabber
- Highland, MI
- Posts 60
- Votes 13
Hi BG folks, I was hoping you could help me out with this situation.
I have a seller who would like to sell me his house on LC, with $9K down payment. We both want to do this so that in 6 months I can cash-out refinance, pay the balloon off and have traditonal 30 year fix rate mortgage on the property.
My question is, how do we best avoid the dreaded risk of the mortgage company calling the note due in this 6 month time frame?
Thanks in advance!
Jeff