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Deal of the Month
One house– Five ways to play
BLACKHALL PARTNERS III
FOR NICIA, JULY 2016
236 N. Ashland Street, Michigan City
Indiana
We Acquired the Taxes at the Laporte
County Tax sale
Redemption period expired.
Hearing Scheduled for August
30.
Title soon after that.
We are willing to deal with the house
in any of 5 ways
1. Sell the certificate
2. Sell the title
3. Borrow the rehab money short-term
4. Sell the property on Land Contract
5. Sell the payments on the Land Contract
This means 5 different ways you can invest in
this house–
Which is the best match for you?
1. Purchase the Certificate
 You step into our shoes
on the foreclosure case
and should get title in
early September
 Its your house– rehab
and flip, rent, whatever
 Price -- $15,000
2. Purchase the Property Title
 When the foreclosure
case ends we can sell
the house to you
conventionally
 Its your house– rehab
and flip, rent, whatever
 Price $20,000
3. Lend us the money to do the Rehab
 $35,000 Loan
 One year balloon
 Interest rate 15%
4. Post Rehab we will sell the house on
Land Contract
 $950 Per month
 10% Annual Rate
 30 year amortization
 $108,253
 If you are looking for a house to
live in in Michigan City Talk to
us.
5. Purchase the Land Contract
Payments
 First five years of Land
Contract payments
 Total payments=
$57,000.00
 8% discount = $ 46,852
 If you will lend before the
rehab we will pay 12% =
$42,700
We have lots of These
That means lots of ways to participate in these transactions.
Not every house has all 5 ways but there are lots of opportunities
 8 more of these in Michigan City
 One in Hobart
 10 in Gary
 Developable lots in Cedar Lake and Crown Point
 We don’t have nice fix and flips with only cosmetic rehabs.
We have plenty of inventory– talk to us about what YOU want to do.
Mark Reynolds
773-294-0603
Mark@blackhallpartners.com
Contact me

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Deal of the Month

  • 1. Deal of the Month One house– Five ways to play BLACKHALL PARTNERS III FOR NICIA, JULY 2016
  • 2. 236 N. Ashland Street, Michigan City Indiana
  • 3. We Acquired the Taxes at the Laporte County Tax sale Redemption period expired. Hearing Scheduled for August 30. Title soon after that.
  • 4. We are willing to deal with the house in any of 5 ways 1. Sell the certificate 2. Sell the title 3. Borrow the rehab money short-term 4. Sell the property on Land Contract 5. Sell the payments on the Land Contract This means 5 different ways you can invest in this house– Which is the best match for you?
  • 5. 1. Purchase the Certificate  You step into our shoes on the foreclosure case and should get title in early September  Its your house– rehab and flip, rent, whatever  Price -- $15,000
  • 6. 2. Purchase the Property Title  When the foreclosure case ends we can sell the house to you conventionally  Its your house– rehab and flip, rent, whatever  Price $20,000
  • 7. 3. Lend us the money to do the Rehab  $35,000 Loan  One year balloon  Interest rate 15%
  • 8. 4. Post Rehab we will sell the house on Land Contract  $950 Per month  10% Annual Rate  30 year amortization  $108,253  If you are looking for a house to live in in Michigan City Talk to us.
  • 9. 5. Purchase the Land Contract Payments  First five years of Land Contract payments  Total payments= $57,000.00  8% discount = $ 46,852  If you will lend before the rehab we will pay 12% = $42,700
  • 10. We have lots of These That means lots of ways to participate in these transactions. Not every house has all 5 ways but there are lots of opportunities  8 more of these in Michigan City  One in Hobart  10 in Gary  Developable lots in Cedar Lake and Crown Point  We don’t have nice fix and flips with only cosmetic rehabs. We have plenty of inventory– talk to us about what YOU want to do.