S. California and Ohio Bank Owned REO available 20-60% LTV

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	Posted By		kevin pritchett On: 2/2/2010 12:05:33 PM
	Subject		S. California and Ohio Bank Owned REO available 20-60% LTV
	Message		I have two bank owned tapes available as follows: 1. Property Locations: 70% Southern California; 30% Arizona and Nevada (Las Vegas) Property Type: REO, SFR, Condo, 1-4 Family Price: $100k to $900k Light to Med Rehab 25-60% LTV Total Purchase Price: Up to 35 Milliion 2.Columbus, OH market (13 single family residences and 1 duplex). Columbus is projected to be one the first large cities to bounce back from this so called recession. These properties have already been purchased, rehabbed, and tenanted with a lease in place and property management (turn key). We are asking $610,000 for the bulk package which current MV is $960,968. So you are picking up this deal for 63 cents on the dollar/37% off and you are sitting on 350k of equity (just imagine what that equity will look like when the market turns!) You will be cashflowing immediately $8900/mo which means you will be receiving around 17% ROI! Not too shabby on a bulk deal of already performing assets. If you have any interest in this particular deal, email .Properties are in excellent condition all come with warranty deeds. To review either or both tapes you must qualify as follows: cash buyer submit proof of funds prior to release of tape proof of funds must be in form of bank or brokerage acct statement(all statements must contain buyer entity name and will be verified) upon submission of above proof of funds, tape will be released for brief review. If buyer desires to purchase, all funds required to purchase must be placed in buyer's escrow and reserved for this transaction. To review tape, reply to this email and submit proof of funds to ironkop@yahoo.com Kevin Pritchett JDI Capital 312-505-1957

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S. California and Ohio Bank Owned REO available 20-60% LTV - kevin pritchett 2/2/2010 12:05:33 PM



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