This is Silverwood Capital Case Study of a vacant Contract For Deed we picked up in Centerpoint, Alabama, NE of Birmingham.
Our Joint Venture Partner provided the capital for the acquisition, and we did all the sweat equity & heavy Lifting. Property was in good shape and we quickly sold it to a local rehabber.
Here are the Numbers:
Purchase Price: $16,500
Taxes, Fees, Fines, Escrow: $2,371.85
Total Expenses: $19,583.35
Sale Price: $22,500.00
ROI: 15% in 69 Days
Annualized ROI: 108%
We call this a base hit & we will take these all day long; Rinse & Repeat! While we can never guarantee any returns, ever, and your 401k is now a 101k, then contact us about other Joint Venture Opportunities right now!
The Note Whisperer
Silverwood Capital LLC