Deal for Alabama Investors, Before I Post for California investors

Hello Investors

If you are interested or know someone that may be interested. Email or have them me immediately, because I have access to a Prime deal!

I have available and direct to the seller a 1st Trust Deed note for a contemporary
single family home located in Beverly Hills in a Multi Million Dollar location.

Built in 1978, the property is a 2409 SF Tri-Level 3 bedroom and 3 bath home located on
a 6,882 SF lot in BHPO above the Beverly Hills Hotel on a quite serene cul-de-sac.

The property offers spectacular unobstructed city and ocean views from all rooms
as well as from the gorgeous sun deck with large swimmers pool!

The note is in default as of April 2011 and the note holder is willing to sell the
note at a small discount as the property has plenty of equity.

Property Appraised in April of 2011 for $1,025,000.00
Original Loan Amount was $350,000.00


We have the appraisal, deed and note to those that are interested and provide LOI and POF's. Current owner is having issues and new buyer can file NOD right away and go to
foreclosure or rewrite note for positive cash flow!

Buyer to pay commissions and negotiated at time of offer.

TWO Offmarket Wholesale Deals in Tuscaloosa, AL --- 3/2 and 3/1!

360PlusHomes's picture

(1) XXXX 25th Street, Tuscaloosa, AL 35401

The house has 3 sizable bedrooms, 2 baths, about 1200 sq ft. Parts of the home have been recently upgraded, including bedrooms. The current tenant removed the carpet in several of the rooms. All the walls need repainting and needs new flooring. On the outside wall where the 3rd and 4th bedroom were made into 1 large bedroom, it needs siding. A few pieces of siding also need replacing or repaired. The 2 bathrooms are in pretty good shape. Nice central location.

ARV: $66,500
Est. Repairs: $14,000
Asking: $35,000 cash
Potential Profit: $17,500

(2) XXXX Springbrook Cir, Tuscaloosa, AL 35405

This house has a new roof, new kitchen cabinets, new paint, new bathtub and bathroom tile. New outside breaker box, new inside breaker box. New kitchen counter tops. The hardwood floors need to be slightly sanded and re-stained. They will be beautiful after that. The central heat and A/C unit was stolen. That will need to be replaced. There is currently no installed kitchen or bathroom sink. There are 3 nice bedrooms, 1 full bath, about 1100 sq ft. It's a nice looking home and solidly built.

ARV: $94,000
Est. Repairs: $10,000 (A/C unit and minor cosmetics)
Asking: $66,000 cash
Potential Profit: $18,000


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