JV Portfolio

Home/JV Portfolio
JV Portfolio 2017-04-25T10:09:12+00:00

Silverwood Capital, LLC Joint Venture Portfolio

Here Are The Numbers On Current Deals We Are Working Out

0
Current Joint Ventures
0
Purchase Price
0
Fair Market Value
0
Unpaid Balance

Here Are The Numbers On Our Done Deals

0
Done Deals
0
Purchase Price
0
Fair Market Value
0
Net Profit
2017-04-25T10:09:15+00:00

Kenosha, WI 1st Lien NPN Case Study

, , ,

This is a 1st lien Non-Performing Note that we picked up with our Joint Venture Partner since he was familiar with the city. The neighborhood was decent and the house looked in good shape. By the time the note was transfered to us, the foreclosure and eviction were over, and it was vacant. This saved [...]

2015-08-14T17:38:26+00:00

19th St., Port Huron, MI

, ,

If I had to describe the ideal note, this might be it. Good looking, occupied property with a $59,000.00 BPO that a Private Investor acquired for $27,000.00 with no taxes owed, mowing the grass, and they want to stay. UPDATE August 14, 2015: Collateral files have finally been received and waiting on the transfer from current [...]

2016-07-14T18:36:16+00:00

Van Norden St., Washington, NC

, , ,

July 2016 Update: We finally finished foreclosure and 352 days later we ended up selling as a Land Contract and a 36% profit! After foreclososure we finally got inside and noticed the water line to the ice maker in the refrigerator had been leaking for months, and combined with some foundation issues, we could not [...]

2017-04-25T10:09:15+00:00

Van Nuys Rd., Kingman, AZ

, , , ,

We picked up this note with our Joint Venture Private Investor for $26,187.95, with a $58,000.00 BPO, or 45% of FMV. UPB is $67,687.77, w/o Arrears. Its just getting boarded now with our servicer, and we found out the holder deeded the property to the current occupants. This will be interesting to see how this plays [...]

2016-07-14T18:42:47+00:00

Cedar Drve, Jacksonville, FL

, , ,

We ended up turning this 1st Lien Non-Performing Note lemon into lemonade with a 4.65% ROI in 65 days! What we thought we were buying was not what we got. By the time the note was transfered, the seller finished foreclosure, the house was vacant, and sadly, stripped of the HVAC, hot water heater, bathroom sink, vanity, [...]

2017-04-25T10:09:15+00:00

Cleveland Foreclose & Fix & Flip

,

The property is in Ohio City, just SW of downtown Cleveland, and 2 miles from the Rock & Roll Hall of Fame. The property is on a street where the house 3 doors down sold for $290,000.00 in August, 2013, 2.5 years ago. Inviting 1850s brick contemporary on very desirable street. Casual and refined interior of [...]

2017-04-25T10:09:15+00:00

Center Point, Alabama Contract For Deed

, , ,

We purchased this vacant Contract for Deed (CFD) and made a 16% ROI in 69 days for an impressive 114% Annualized ROI. This is a vacant CFD we are now buying for many reasons, the main one is we have title and can sell it without the hassles of foreclosing. We paid $16,550.00 for the [...]

2017-04-25T10:09:15+00:00

Leonard Ave., Warren, MI

, ,

This is a nice 2/1 SFR we picked up in good condition in Warren, north of Detroit. The BPO puts the value @ $20,000. We paid $4,500.00 for the note, and there were $2,883.47 in taxes/fines/fees/water. All combined costs as of today are $7,933.22. UPDATE August 14, 2015: Homeowner very ill, Sister asked us to stop calling. We [...]

2017-04-25T10:09:15+00:00

Oak Knoll Lane, Houston, TX

, , , , ,

We picked up this note with a Private Investor for $22,900.00 for 60 cents on the dollar. Texas is HOT, HOT, HOT, with ultra short foreclosure times. UPDATE August 14, 2015: After multiple attempts to reach homeowner, and after receipt of certified letters and no response, we started the foreclosure process. The 30 day demand [...]