Andy Moore
Coto de Caza, CA (USA)
Role(s):
Founder/Owner/Principal
Cashequi Properties, LLC
Find More Startups
Startup
Location:
Coto de Caza
Industry:
Real Estate
Year Founded:
2008
Number Employees:
1-10 people
Description:
My team purchases, rehabilitates and rents single family REO homes located in smaller cities throughout the Midwest (not Detroit). Typical cost to purchase and rehabilitate is $25-40,000, cash only purchase/rehab. Homes are often purchased in bulk for best pricing. The purchase/rehab costs of prospective properties do not exceed 60% of the estimated after-rehab values substantiated by licensed third party appraisals. Gross rent multipliers typically range from 30-50 months.
All homes are purchased as-is and rehabilitated by local qualified contractors. Local property management teams are in place.
Seeking Angel willing to lend or partner or both.