Description:
An excellent high return investment opportunity with returns of around 72% net in a timescale of 12 to 15 months. The property is offered at 20% below the current market value.
How it works for the investor is that they would reserve these properties with the intention of never taking delivery. In other words, the property is sold on again before completion at the increased market price therefore making the investor a profit.
The other excellent thing about this investment opportunity is, that due to payment terms agreed with Superior Real Estate, the investor only has to invest 30% of the selling price of the property as their initial investment, then the property is put back on the market before the next 60% is due and sold at the “retail” price so giving the investor his initial deposit back as well as the difference between the retail and wholesale selling prices. (Note: sales commission and contract cancellation fee are deductible when re-selling the property)
Once sold they |
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