All Forum Posts by: Alex Arguelles

https://www.biggerpockets.com/real-estate-listings/chicago-i... 

Investment Opportunity + Leaseback:
Asking Price: $140,000
Net Equity: $50,000
Market Value ($210,000) - Asking Price ($140,000) = Net Equity ($70,000)
Total Prepays at Closing: $1,600
Monthly Rent per Unit:
Unit 1 $850 / Month
Unit 2 $750 / Month
Total rental monthly income: $1,600

3 BD / 2 BA
Sq. Ft: 1164
Lot size (Acres): 0.07
Year Built: 1890
Seller wants to stay as a tenant

Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $46K - $50K

Why buy this property?
Shopping and dining 1.8 Mi
Schools 2.25 Mi
Chicago State University 4 Mi
Hospital .9 Mi
Chicago Midway International Airport 5.53 Mi
I-94 Express 1 Mi
Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION

End Buyers Only
Whitehouse, TX, 75791

Investment Opportunity + Leaseback:
Asking Price: $195,000
Market Value ($265,000) - Asking Price ($195,000) = Net Equity ($70,000)
Total Prepays at Closing: $23,400
Monthly Rent: $1,800 with 12 months of prepaid rent + Deposit
Total rental income: $23,400

2 BD / 1 BA
Sq. Ft: 1,750
Lot size (Acres): 0.9
Year Built: 2003
Seller wants to stay as a tenant

Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $38K - $43K

Why buy this property?
The lease will have a rental escalation YoY of 2%
Shopping and dining 1.8 M
Schools 1.4 Mi
Hospital 7 Mi
TX-110 S 1.3 Mi

No renovations needed
Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION

End Buyers Only
Whitehouse, TX, 75791

https://www.biggerpockets.com/real-estate-listings/whitehous...

Investment Opportunity + Leaseback:
Asking Price: $195,000
Market Value ($265,000) - Asking Price ($195,000) = Net Equity ($70,000)
Total Prepays at Closing: $23,400
Monthly Rent: $1,800 with 12 months of prepaid rent + Deposit
Total rental income: $23,400

2 BD / 1 BA
Sq. Ft: 1,750
Lot size (Acres): 0.9
Year Built: 2003
Seller wants to stay as a tenant

Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $38K - $43K

Why buy this property?
The lease will have a rental escalation YoY of 2%
Shopping and dining 1.8 M
Schools 1.4 Mi
Hospital 7 Mi
TX-110 S 1.3 Mi

No renovations needed
Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION

End Buyers Only

https://www.biggerpockets.com/real-estate-listings/greenvill...

𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 + 𝗟𝗲𝗮𝘀𝗲𝗯𝗮𝗰𝗸:
Asking Price: $204,900
Retail Price: $260,000
Short Leaseback 3 months
Monthly Rent: $2,000 with 3 months of prepaid rent + Deposit At Closing
Total rental income: $6,000 / 3 months

4 BD / 2.5 BA
Sq. Ft: 3,072
Lot size (Acres): 0.48
Year Built: 1975

Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $59K - $64K
PITI $1,500

Why buy this property?
Brand-new roof
NO HOA
Shopping and dining .2 Mi
Schools 2.2 Mi
Hospital 1.64 Mi
W Vernon Ave .3 Mi
HVAC at end of life

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION

𝗧𝘆𝗽𝗲 𝗼𝗳 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆: Condo

https://www.biggerpockets.com/real-estate-listings/new-orlea...

𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 + 𝗟𝗲𝗮𝘀𝗲𝗯𝗮𝗰𝗸:
Asking Price: $74,000
Market Value ($95,000) - Asking Price ($74,000) = Net Equity ($21,000)
Total Prepays at Closing: $3,400
Monthly Rent: $850 with 3 months of prepaid rent + Deposit
Total rental income: $2,550

2 BD / 1 BA
Sq. Ft: 795
Lot size (Acres): 0.02
Year Built: 2011
Seller wants to stay as a tenant

𝗣𝗿𝗲-𝗮𝗽𝗽𝗿𝗼𝘃𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴:
80% LTV DSCR Loan
Cash to Close (Estimated) = $20K - $24K

𝗪𝗵𝘆 𝗯𝘂𝘆 𝘁𝗵𝗶𝘀 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆?
𝗡𝗼 𝗿𝗲𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 𝗻𝗲𝗲𝗱𝗲𝗱
New carpet
Granite countertops
Shopping and dining 1.9 Mi
Schools .9 Mi
Louisiana State University .6 Mi
Highlands/Perkins .5 Mi
Fire Station 2.32 Mi

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗧𝗲𝗿𝗺𝘀:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:
𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡

𝗧𝘆𝗽𝗲 𝗼𝗳 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆: Condo

https://www.biggerpockets.com/real-estate-listings/new-orlea...

𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 + 𝗟𝗲𝗮𝘀𝗲𝗯𝗮𝗰𝗸:
Asking Price: $74,000
Market Value ($95,000) - Asking Price ($74,000) = Net Equity ($21,000)
Total Prepays at Closing: $3,400
Monthly Rent: $850 with 3 months of prepaid rent + Deposit
Total rental income: $2,550

2 BD / 1 BA
Sq. Ft: 795
Lot size (Acres): 0.02
Year Built: 2011
Seller wants to stay as a tenant

𝗣𝗿𝗲-𝗮𝗽𝗽𝗿𝗼𝘃𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴:
80% LTV DSCR Loan
Cash to Close (Estimated) = $20K - $24K

𝗪𝗵𝘆 𝗯𝘂𝘆 𝘁𝗵𝗶𝘀 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆?
𝗡𝗼 𝗿𝗲𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 𝗻𝗲𝗲𝗱𝗲𝗱
New carpet
Granite countertops
Shopping and dining 1.9 Mi
Schools .9 Mi
Louisiana State University .6 Mi
Highlands/Perkins .5 Mi
Fire Station 2.32 Mi

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗧𝗲𝗿𝗺𝘀:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:
𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡

Clean and maintained SFH with Leaseback Opportunity and Prepaid Rents. Property conveniently located near shopping, dining, and schools.

https://www.biggerpockets.com/real-estate-listings/houston-t...

Asking Price: $320,000
4 BD / 3 BA
SF: 2,295
Year built: 2016
Monthly Rent: $2,500
Total Seller Prepaid Rents: $17,500

Seller wants to stay as a tenant for 6 months

Why buy this property?
Property in excellent condition - No renovations needed
Fully Fenced Backyard

AC age (8 years)
Roof age (8 years)

Pre-approved Financing Available - Ask How!!

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:

𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡

https://www.biggerpockets.com/real-estate-listings/chicago-i...

Clean and maintained SFH with Leaseback Opportunity and Prepaid Rents. Property conveniently located near Rosalind Franklin University of Medicine and Science, shopping, dining, and schools.

Asking Price: $205,000
3 BD / 2 BA
SF: 2,034
Year built: 1997
Monthly Rent: $1,950

Seller wants to stay as a tenant for 6 months

Why buy this property?
Brand new Roof, WH, Washer and Dryer
Market price discount
Minor cosmetic touch-ups, including carpet and back door needed
AC age (27 years)

Pre-approved Financing Available - Ask How!!

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:

𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡

SFH with Leaseback Opportunity and Prepaid Rents. Property conveniently located near shopping, dining, and schools.

https://www.biggerpockets.com/real-estate-listings/jacksonvi...

Asking Price: $360,000
5 BD / 3 BA
SF: 2,050
Year built: 2023
Monthly Rent: $2,300

Seller to prepay 3 months of rent

Why buy this property?
New-built home 2023
Property in excellent condition - No repairs needed
New roof and AC
Fully Fenced Backyard

Pre-approved Financing Available - Ask How!!
PITI: $2,275.50


𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:

𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡

End Buyers Only
Gainesville, GA, 30504

https://www.biggerpockets.com/real-estate-listings/atlanta-m...

Investment Opportunity + Leaseback:
Asking Price: $310,000
Market Value ($380,000) - Asking Price ($310,000) = Net Equity ($70,000)
Total Prepay Rent at Closing: $10,400
Monthly Rent: $2,600 with 3 months of prepaid rent + Deposit

4 BD / 2.5 BA
Sq. Ft: 2,254
Lot size (Acres): 0.16
Year Built: 2015
Seller wants to stay as a tenant

Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $79K - $84K

Why buy this property?
Property in excellent condition - No renovations needed
HW 2023
Fenced yard
Shopping and dining 1.5 Mi
Schools 3.6 Mi
University of North Georgia - Gainesville Campus 1.26 Mi
Highway 53 1.2 Mi

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of 1% of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION