2. Info on REO To purchase 5 Million dollar min worth of REO properties Getting properties from .46 cents to .65 cents or higher Purchase property with all cash or financing / cash Random or selected zip codes
3. Process Provide proof of assets, signed NDA form and Letter of Intent Get random or selected zip codes (random 48 hours / selected 7 business days plus 48 hours) Review properties time slot is 48 hours Open escrow in 48 hours with 10% down Close escrow in 5 business days List properties with Merit Real Estate & Angel Realty Have open houses and sell property within 3 -5 months – Aggressive Selling
4. ROI – Return of Investment Spend $5 million cash Get each property approx $200,000 totals 40 properties Market price if each property is .52 cents, profit would be $4,800,000 million Realtors would get 5% - buyers 2.5% and sellers 2.5% Total profit $4,300,000
5. Nationwide Bulk REO’s Price points are between 30- 40 c Must have teams on the ground in each territory Knowledge of specific markets Kingdom Financial Services provides area specific knowledge of residential and commercial markets We specialize in California, Nevada, Arizona, Florida, the Diamond States We have product in all 50 States through our affiliates
6. Our Sources & Why Us Our firm has over 31 yrs of combined experience in real estate, finance, wholesale, retail and development We have 16 banks and 7 government entities as our major sources of Bulk REO’s and a number of smaller private sellers we work on a regular basis We provide unique experience and know how to our buyers and sellers through extensive Due Diligence, Underwriting of residential and commercial BULK packages