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All Forum Posts by: Michael Hayes

Michael Hayes has started 180 posts and replied 353 times.

Post: Looking for Cash Buyers in Memphis, TN

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

>>> Did you miss out on one of our latest flip or rental rehab opportunities? Take a look at this deal in full 360 degree view. Selling under 50% of market value with room for resell profit or an opportunity to collect $850/mo in rent. Sign up for our future deals and see what else we have done in the past at http://hayesinvestmentdeals.com/investmentproperties.html <<<

Post: Looking To Network With Memphis, Wholesalers New and Old!

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

@Tahnya Pierce sure.  Please email me the details.

Post: Looking To Network With Memphis, Wholesalers New and Old!

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

Hayes Investment Deals LLC and Memphis, TN Cash Buy are looking to partner with wholesalers (new and old) and property hunters for our Memphis, TN cash buyers. We have buyers who are acquiring several properties a month and who need to fill inventories.

We have a high market demand for 3 bedroom, 1 bathroom, 1000 sf minimum houses. 38118, 38116, 38125, 38111, 38127 (very high demand), 38128, 38141, 38109, 38016, 38018, 38002, and similar popular flip and rental areas. We are not interested in war-zones.

Properties priced at market value will not be considered. Please price in 25% to 30% equity and room for a reasonable rehab amount.

We have a 50/50 JV structure for properties that are under contract. Please make sure that you are direct to buyer. We will reject any daisy chain and MLS deals.

For properties not under contract, send the deal and we will work it for you with a minimum $500 referral fee. We will need property address, owner's contact information if available, and any current pictures and rehab amounts if available.

Please refer to http://hayesinvestmentdeals.com/investmentproperties.html for a sample of deals and areas that we would be interested in.

For more information contact Michael.

901-264-0018

[email protected]

www.memphistncashbuy.com

(We love working with new wholesalers. Not sure about a deal? I will analyze it for you, teach you the basics, show you how to structure contracts, and connect you with my closing attorneys.)

Recent $15,000 JV split deal. Sold in less than 24 hours. Let's network!

Post: Looking for Memphis Wholesalers New and Experienced

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

Hayes Investment Deals LLC and Memphis, TN Cash Buy are looking to partner with wholesalers (new and old) and property hunters for our Memphis, TN cash buyers. We have buyers who are acquiring several properties a month and who need to fill inventories.

We have a high market demand for 3 bedroom, 1 bathroom, 1000 sf minimum houses. 38118, 38116, 38125, 38111, 38127 (very high demand), 38128, 38141, 38109, 38016, 38018, 38002, and similar popular flip and rental areas. We are not interested in war-zones.

Properties priced at market value will not be considered. Please price in 25% to 30% equity and room for a reasonable rehab amount.

We have a 50/50 JV structure for properties that are under contract. Please make sure that you are direct to buyer. We will reject any daisy chain and MLS deals.

For properties not under contract, send the deal and we will work it for you with a minimum $500 referral fee. We will need property address, owner's contact information if available, and any current pictures and rehab amounts if available.

Please refer to http://hayesinvestmentdeals.com/investmentproperties.html for a sample of deals and areas that we would be interested in.

For more information contact Michael.

901-264-0018

[email protected]

www.memphistncashbuy.com

(We love working with new wholesalers. Not sure about a deal? I will analyze it for you, teach you the basics, show you how to structure contracts, and connect you with my closing attorneys.)

Recent $15,000 JV split deal. Sold in less than 24 hours. Let's network!

Post: New Memphis, TN Properties

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

760 Ledbetter Ave. Memphis, TN 38109
4 Bedrooms, 1.5 Bathrooms, 1659 Sf.
Home needs updating. Buyer responsible for own repair estimates.
Make an offer today!
Will rent - $850 (rentometer.com)
Asking: $25,000
https://drive.google.com/open?id=0B5rYyZACNxL0UVZEQXRyWnh5cmM

________________________________________________________________________

3394 Tallyho Rd. Memphis, TN 38128
3 Bedrooms, 1 Bathroom, 1080 sf
Home is in great shape!
Make an offer today!
Will rent - $750 (rentometer.com)
Asking: $41,500 or best offer!

https://www.dropbox.com/sh/q5oirdq7qt5q8zr/AACRPMdyrcqW4IE43zYekx_2a?dl=0

________________________________________________________________________

8 House Turnkey Package Still Available! Was $382,000.... NOW ASKING $370,000 Seller wants these gone TODAY! All information in drive link.
https://drive.google.com/open?id=0B5rYyZACNxL0MEhCOUxfSWZ2bzQ

2850 Walnut 38128
3801 Kippling 38128
3757 Walshingham 38128
4038 Hitchcock 38128
4146 Stormy 38128
4437 Old Quarry 38128
3766 Rainford 38128
3430 Birdsong Ferry 38118

Click links below for picture sets. Some pictures are BEFORE rent ready rehab. Work has since been done to correct.

https://www.dropbox.com/sh/a6ykarn5a54nkw2/AAABhxe1a7T0NARTXETEuZv_a?dl=0

https://www.dropbox.com/sh/redi3hsmz2jxegk/AACSWdIyroapbofzJAPxFphba?dl=0

https://www.dropbox.com/sh/dujypggshvx5r88/AAC9euwQABfuoQOFeWfL3J2va?dl=0

https://www.dropbox.com/sh/69a56nr5r4jt8vk/AACFmTeDEsDlhUlMKNtrTHAta?dl=0

https://www.dropbox.com/sh/3fj0w4qy3slnsvt/AACl7HZcCYnSEHeAwFKuyeYQa?dl=0

https://www.dropbox.com/sh/xwsemcvbl973j60/AADULp4GkTPcvyFYFwjNCNyYa?dl=0

https://www.dropbox.com/sh/crjbd3c6alr99ag/AAC2tg_QVmOlib_cCJzQJxZVa?dl=0

____________________________________________________________________________________

Accepting offers now!  901-979-9723 [email protected] www.hayesinvestmentdeals.com

Post: Memphis, TN 8 House Package Reduced 38118, 38128 $370,000

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

8 House Turnkey Package Still Available! Was $382,000.... NOW ASKING $370,000 Seller wants these gone TODAY! All information in drive link.
https://drive.google.com/open?id=0B5rYyZACNxL0MEhCOUxfSWZ2bzQ

2850 Walnut 38128
3801 Kippling 38128
3757 Walshingham 38128
4038 Hitchcock 38128
4146 Stormy 38128
4437 Old Quarry 38128
3766 Rainford 38128
3430 Birdsong Ferry 38118

Click links below for picture sets. Some pictures are BEFORE rent ready rehab. Work has since been done to correct.
https://www.dropbox.com/sh/a6ykarn5a54nkw2/AAABhxe1a7T0NARTXETEuZv_a?dl=0

https://www.dropbox.com/sh/redi3hsmz2jxegk/AACSWdIyroapbofzJAPxFphba?dl=0

https://www.dropbox.com/sh/dujypggshvx5r88/AAC9euwQABfuoQOFeWfL3J2va?dl=0

https://www.dropbox.com/sh/69a56nr5r4jt8vk/AACFmTeDEsDlhUlMKNtrTHAta?dl=0

https://www.dropbox.com/sh/3fj0w4qy3slnsvt/AACl7HZcCYnSEHeAwFKuyeYQa?dl=0

https://www.dropbox.com/sh/xwsemcvbl973j60/AADULp4GkTPcvyFYFwjNCNyYa?dl=0

https://www.dropbox.com/sh/crjbd3c6alr99ag/AAC2tg_QVmOlib_cCJzQJxZVa?dl=0


3686 Masterson Cv. 38109 (Pending) 4/1.5 1425 sf Available $25,000
Contact Michelle Hayes Thomas - 901-405-7653 HayesHomesRealty.com
https://drive.google.com/open?id=0B5rYyZACNxL0cHFHelNnWUl1M1k

3657 Sharpe Ave. 38111 (Pending) $22.500
12 House Package (Pending) $50,000
4258 Wagon Trail Dr. (Pending) $6,000

Accepting offers now!
901-979-9723
[email protected]
www.HayesInvestmentDeals.com

Investor looking to sell a house? Lets connect!
http://www.MemphisTNCashBuy.com

Follow My Web Series!

Post: Taking Over Payments - Home Equity Line of Credit - $0 Down

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

Thanks @Account Closed.  Sounding more and more like this one just may be too good to be true.  House is nice though, but that's how the game goes.  Live and learn.

Post: Taking Over Payments - Home Equity Line of Credit - $0 Down

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233

@Ned Carey thanks for the info.  Yes she is sending docs to me on Monday, but I needed to hear that.  Like you said, it may not be as good as it sounds so I'll need to check to make sure I'm not jumping into something terrible.  That caught my attention also with the low payments.  Last few deals I did were simple cash transactions, so not a lot of advanced structuring involved.  I'll have to update the forum.  Push comes to shove, on to the next one!

Post: Taking Over Payments - Home Equity Line of Credit - $0 Down

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233
Originally posted by @Account Closed:

Michael Hayes

I'm very new to the world of note investing but this sounds like something that could be worked out that way. Maybe you could get a DIL (deed in lieu of foreclosure)? That might not be the right approach but I'm looping some guys into this post that can probably help. Sounds like an awesome opportunity. Best!

Wayne Snell , Adam Adams , Bob Malecki

 100% appreciate that.  Always looking to learn, grow and network.  

Post: Taking Over Payments - Home Equity Line of Credit - $0 Down

Michael HayesPosted
  • Investor
  • Memphis, TN
  • Posts 369
  • Votes 233
Originally posted by @Bob B.:

@Michael Hayes

What is your plan when then bank calls the loan?

I assume you have the funds to pay the loan off.

If not, what will you tell the tenant when they have to move and the seller when their credit is ruined?

 The question is if structuring this deal is even possible Bob with the scenario. It is possible to take over payments and keep the loan in place but I'm asking how is the deal structured. I am inexperienced in this regard but know that it can be done. Thank you for your input.  And yes you assumed correct. I do have the funds to pay it off a few times over, but not looking to do that here.