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USA Foreclosure properties available for $24,900 + Larger Residential projects
Posted by: Jonathan Leszko on 3/2/2010 11:11:30 AM
Funding Needed:
Above $1mil 		Category:
Real Estate / Construction 		Website :
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Location :
Hamilton, Ontario, Canada 		Viewed : 341 times
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Description:
I represent Pinnacle Property Solutions and I want to quickly introduce our company to those interested in purchasing foreclosed homes.

Pinnacle Property Solutions is a private company that fulfills a special vision from long time REO owner and entrepreneur, Mr. Rusty Shields. Through his decades of acquiring and reselling REO properties, Mr. Shields recognized a unique set of circumstances and events developing in the national real estate market and formulated a business model to harvest the opportunities delivered by these events. Over time, the model has proved to be highly successful due to its simplicity and beneficial results afforded to all parties involved.

Pinnacle Property Solutions specializes in making REO Properties work for everyone involved. Our goal is to redeem the devastation brought about by foreclosure. Our business model allows us to provide attractive property acquisition opportunities and restore the dream of affordable home ownership. This truly is a “win-win” for everyone.

We firmly believe that our SYSTEM reflects the new model of how the buying and selling of real estate should be conducted in order to benefit everyone involved in the process. At Pinnacle Property Solutions, the value of real estate is what someone is willing to pay. That is the fundamental concept that allows our REO properties to be highly marketable to homebuyers and extremely profitable for the owner of that property.

Our ability to offer an attractive product directly stems from our buying relationships with banks and other lending institutions. Banks are in the business of lending money, not owning real estate. Therefore, they are motivated to clear their balance sheets of REO properties. When they have exhausted most other avenues, they will call Pinnacle Property Solutions and present an offer to acquire a number of properties that may range from just a few to thousands. Because of how we purchase REO properties, we get the best pricing and that allows us to offer you with the best price.

How our system works:
- We buy REO's directly in large quantities through bank lists, auctions etc..
- Our nationwide home inspection team will head out to all the properties and select ones that are fit for our system
- The homes that are selected for our system are made available to investors at a cost of $24,900
- All outstanding property taxes and any other fees attached to the transfer of ownership are covered in the above cost
- A for sale sign is placed on the property and the yard is cleaned up with a toll free number directed to our sales department
- The property is also placed on www.myplace.us which is also owned and operated by Pinnacle where our marketing team uploads pictures and information
- It can take anywhere from 2 - 6 months for us to find someone to move into the home and if we cannot find a new owner within 6 months we will give you (the investor) the option to choose a new home
- Once we find someone interested in purchasing the home we set them up with a rent to own contract that we determine by their income and expenses. (What they can afford to pay)
- You will still own the home and all rental income (let’s say $400 a month) will come straight to you
- We then have an in house credit repair team that helps the new tenants repair their credit score and get them approved for a mortgage.
- There is no exact timeline for this but let’s assume the tenant pays $400 in rent for 12 months before he is approved for a mortgage. At $400 a month with a fixed interest rate of 7% and a 30 year term the total value of the mortgage would be $59,500 + the investor received monthly rent income totalling $4800 over the 12 month period

- This would mean your end profit would be:

Total Sale of your home - $59,500.00
Total Rental Income - $4800.00
Your total cost of purchase - $24,900
Total Profit - $39,400

Our system has been proven time and time again over the years and continuously generates big returns for our investors and gets people into homes at a price they can afford. We feel this revolutionary system can change the face of the way real estate is valued but at the moment we are taking advantage of this excellent opportunity to help investors like you.

I realize this is not the best description of our program but I had to be brief. I also have available a much larger project where we are looking for 5m-20m, its completely real estate backed and pays 40% plus principle back over two years.

We are also able to put together investment projects for just about any amount in between so let us know what you're looking to invest and we'll put something together for you.

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