Nancy Meininger
Cape Coral, FL (USA)
Role(s):
Associate/Staff
Howard Stanley Companies
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Service Provider
Location:
Cape Coral
Description:
We want to replicate the operation we have in place in MI which is purchasing depressed properties and very depressed market rates, renovating them,turning them over to an investor in a mortgagable condition worth at least 3 times original purchase price with rental in place and property management. Value of depressed homes in this area approximately 50-90000. Turn around value 150-300000. Investor would need to repurchase at approximately 80-120000--with bank mortage credit in place for 160-300,000.
Services Provided:
- Project Management
- Real Estate