This option is for the active investor. This is someone who wants to put their own sweat equity into a property or oversee the renovations themselves.
We sell to you at a wholesale price and then you complete the work and turn around to sell it for a profit.
16812 Madison Ave., Lakewood, OH 44107
This 11 unit apartment building was purchased for $330,000. Our investor put in $25,000 to rehab the building creating a pleasant living environment for tenants and increasing the overall value of the property. The market value of the property then grew to $440,000.
If you are looking to invest your money but not your time, this option may be for you.
We will purchase, renovate and ensure that the property is safe to pass inspection and looks attractive to prospective renters. Then, we place a tenant for you making your purchase cash flow positive from the start.
13330 Madison Ave., Lakewood, OH 44107
We sold this 8 unit apartment building for $272,000 to an investor. After calculating rental income and deducting operating expenses, the investor received a projected 11% cap rate.
Chad has been involved in the real estate space for the last 15 years both as an investor and on the financing end. Creating and managing acquisition and rehab teams has been the foundation of building his businesses in the Detroit Michigan area. The efforts of he and his team have found and funded north of 350 million dollars of real estate across the county. In 2018 Chad shifted his teams focus into the acquisition and management of commercial real estate, specifically multifamily assets. Their success has been predicated on being very specific with their buying criteria along with adhering to a strict standard regarding the rehabilitation and stabilization of each asset.