I am looking for investors to start buying investment properties in Loudoun and Fairfax Counties. The recent real estate crisis has created some incredible opportunities for forward thinking individuals to buy and sell or buy and rent townhouses, single family homes and condos in the immediate area. Each opportunity is evaluated for potential resale return and rental income potential.
I have assembled the necessary resources to buy foreclosure properties and short sale properties that need rehab work done. Qualified investors will be able to either buy the properties and repair them for immediate resell or buy and hold with zero or positive cash flow.
Here is an example of a rental opportunity that has come up in the Sterling area. A 2 bed 1.5 bath condo, listed for $110,000. This could be bought for $100,000 to $105,000. The condo fee is $165 and takes care of all exterior maintenance. The property backs right onto the W&OD National Park Trail. Similar units rent for about $1200/month. There are no repairs necessary on the unit. It is in move in condition.
Example #2 - Buy and Flip Opportunity 4 bedroom, 2.5 bath duplex in Leesburg with 2200 square feet of space. Needs complete rehab including all new floors, paint, bathrooms, kitchen. Listed for $127,000 and needs about $30,000 - $35,000 in work. Similar sized units are selling for mid $200,000's in fair condition. Potential return on this property is 60%.
Please contact me if you are ready to start building a real estate investment portfolio and want to take advantage of the tremendous opportunities in todays market.