In order to fascilitate transactions coming into our office, we mention to everyone looking for REO purchase opportunity that if you can have some patience with us, we will undoubtedly get you a deal that is right for you.  This is not due to an overwhelming amount of buyers, nor is it a lack of staff in my office. To get a good REO, we negotiate hard with the banks.  This takes time, sometimes weeks so it would be appreciated that once you imply interest that you are as patient with us as we are with the banks.

Currently, we are able to buy homes at over 80% discounts from the original note in Florida distressed real estate and REO’s.  Keep in mind that 80% doesn’t really mean all that much because 20% of that is not a true 80% discount off of TODAY’s current values.  Today we are able to achieve an average of 15% below market value on commercial property, single family income, and duplex to multi-family apartment complexes.  Whatever you are looking for in southwest Florida REO and foreclosures, we will have for you

Below are some homes we recently purchased.  We have many more properties like the ones below so please specify which you are interested in and we can begin the process with you.  Two ways we sell are wholesale and direct.  If it is a wholesale transaction, we will buy the homes from the bank in bulk to achieve the best discount.  It would essentially be a “flip” to you.  Our markup is very low, so most of the equity is yours.  We rely on sheer volume and look to make the investment right for you.

Southwest Florida Duplex REO: After minor repairs, $80,000. Paid $70k + $10k in cosmetics and flooring. Others available for $80k +/-. Rents for $650 Per side and provides a 13% Cap Rate

Single Family with Bay views: Fantastic water views and huge roof deck. Paid $180k in REO status and needs $60k rehab and updating. Current market value $335,000. Upscale neighborhood.

REO Single Family Home in Cape Coral, Florida Paid $80k. Current market value: $105,000. No repair or updating needed. Rented for $900

Gulf of Mexico Access. Paid $275,000. Current value $325,000 and discounted 65% from original note. By boat, 45 minutes to open Gulf and Sanibel Island. Slow zone takes up 40 of the 45 minutes. Slow zones are enforced for Manatee and Dolphin protection. Beautiful boat ride. Home has pool and boat lift/dock.

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