Today I thought I'd give you an example of the kinds of projects that we make available to our clients. This is an outstanding project that we have an inside scoop on due to relationships that we've got in the Las Vegas market and present an opportunity for a certain kind of investor to make $150-200K instantly. If projects like this sound exciting and you'd like to get on our email list for projects like this, just email me at carey@januaryfinancial.com!
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Dear Fellow Investors: Don't get us wrong, we don't like hearing about other real estate investors losing money. But when those investors are willing to turn their investing "lemons" into lemonade for January Financial's Valued Client Family, we have a hard time passing up their offer! Three years ago, a European investment group bought 10 premium units of the exclusive Turnberry Towers in Las Vegas. The investment group's foresight allowed them to purchase first-class units at first-phase prices, units that now have at least $75,000 in market-driven equity. Unfortunately, the group has come on some hard times and will not be able to close on the properties. To interest other investors in taking over the contract and taking the units off the group's hands, they will be leaving the majority of their down payment in the property. This means that above the $75K appreciation equity, each unit will have between $150K and $170K in liquid cash equity. This spreadsheet (followed by the two floorplans) breaks down the numbers for each unit:
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| | Sales Price | Today's Price* | Cash Equity | Total Equity |
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| | $1,115,000 | $1,180,000 | $167,250 | $232,250 | | $1,105,000 | $1,170,000 | $165,750 | $230,750 | | $1,110,000 | $1,125,000 | $166,500 | $181,500 | | $1,055,000 | $1,120,000 | $158,250 | $223,250 | | $1,045,000 | $1,110,000 | $156,750 | $221,750 | | $1,035,000 | $1,100,000 | $155,250 | $220,250 | | $1,060,000 | $1,075,000 | $159,000 | $174,000 |
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| | $1,095,000 | $1,160,000 | $164,250 | $229,250 | | $1,085,000 | $1,150,000 | $162,750 | $227,750 | | $1,005,000 | $1,080,000 | $150,750 | $225,750 |
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| | $10,710,000 | $11,270,000 | $1,606,500 | $2,166,500 |
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| | Do you know what the most exciting part of this opportunity is? It is exclusive. Only members of January Financial's Valued Client Family and those of our partner, Goldstein Properties, will have access to this deal. If your interest has been piqued, keep the following in mind: - the units will be distributed on a first-come, first-served basis - the required closing date is Wednesday, September 12 (less than a month away!) - each unit is "designer ready" - in the viable Las Vegas rental market, the comparable rental range for these units is between $3800/month and $7200/month Due to the intricacies of the funding involved in the deal, January Financial will be taking exclusive care of all the financing arrangements. Please contact your Mortgage Planner directly (or just email us here) to hear more about this once-in-a-lifetime opportunity!
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