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ONE PROCESS
HARD MONEY REHAB TO PERMANENT LOAN
Bristol Realty Partners, a hard money rehab lender, is announcing an
alliance with Wells Fargo Home Mortgages and Countrywide Home Loans to offer
to real estate investors a proprietary one process acquisition, fix-up, and
permanent loan that includes (subject to credit qualifying):
1 Little or no cash equity
2 Up to 80% of the after repair value
3 7.875% (currently) during rehab
4 No-cost refi to borrower at rehab finish (currently 6.75%)
5 Escrow of 3-6 months interest payments
6 Equity line at rehab finish to 90-95% (depending on credit)
7 Commercial products available
Call for details. (Credit and guideline qualifying). Cardel Locke at
404-794-5322 x1 or http://mailcenter.comcast.net/wmc/v/wm/46112A530001063D00004EDB22058864429C0A090A02020AB8B3?cmd=ComposeTo&adr=cardel%40bristolrealtypartners%2Ecom&sid=c3 or
Atlanta Foreclosures
Atlanta Foreclosures
Bristol Realty Partners, a hard money lender, offers the following homes for
sale. We will be offering favorable terms to a qualified buyer at 12% + 2-3
pts and 2% borrower cash equity and will be flexible as to the repair
escrow. Call!
1. 2858 Browns Mill Rd SE, Atlanta, Ga. 30354.
2 or 3 BR/ 1 BA / house + 2 lots / ARV: house:$120k + lots 2x $50ea = $220k
Purchase $140 / fixup house $30k. Dir: I-75/85 south to left on Cleveland to
rt. Browns Mill to corner of Springside and Browns Mill.
2. 324 Macedonia Rd SE, Atlanta, Ga. 30354. 3br/1ba. Finished. ARV:
$160k. Buy for $120k. Dir: I-75/85 south to left on Cleveland Ave. to right
on Browns Mill to left on Macedonia.
3. 61 Weatherby St SE, Atlanta, Ga. 30316. 3 BR/ 2BA. Framed and
roughed. Building permit to finish by owner. Sell for $165k. Repairs $55k.
After repair value $289k. I-20 east from dntwn to Moreland north to left
Wylie to 4th left Weatherby.
4. 356 McDonough Blvd SE, Atlanta, Ga. 30315. 3 or 4 BR / 2-3 full
bath. Building permit by owner. Sell for $165k. Repairs $45k - $60k. After
repair value $289k. from dntwn Atlanta take I-20 east to Boulevard (zoo)
south to right on McDonough in front of prison to 356 on right.
5. 779 Clifton Rd SE, Atlanta, Ga. 30316-2267. 3br/1ba. In E. Atlanta.
Buy for $135k. $15k fixup. After repair value $225k. dir: I-20 east from
dntwn to 2nd Glenwood exit (after Maynard Terr) go right to Clifton St go
left to Clifton Way go left to Clifton Rd go right to 779 on right.
6. 187 Cleveland Ave SE, Atlanta, Ga. 30354. This is the Cleveland
Ave. that is in Reynoldstown off of Moreland and is NOT to be confused with
the the Cleveland Ave. that is off of I-75/85 just south of their split.
2br/1ba in Reynoldstown. Buy for $140k. Add BR and Bath and spend $60k and
sell after repair value for $289k. from dntwn take I-20 east to Moreland
north to left Wylie to 1st left Cleveland.
7. 1063 Manigault St SE, Atlanta, Ga. 30316-1346. 3br/1ba in
Reynoldstown. Buy for $130k Repairs $50k. Sell for $279k. from dntwn take
I-20 east to Moreland north to Wylie left to Weatherby left to Manigault
8. 1065 Faith Ave SE, Atlanta, Ga. 30316-1501. 3br/2ba in E.
Atlanta/N. Ormewood. Buy for $160k. Fixup: $45k. After repair value: $299k .
dir: from dntwn take I-20 east to Moreland south to rt. On Faith to 1065.
9. 561 Mead St SE, Atlanta, Ga. 30315-2024. 2br/1ba. in Grant Park. Buy
for $165k. Add br/ba and fixup for $75k. After repair value: $350k. dir:
from dntwn take I-20 east to right on Boulevard (past zoo) to right on Mead.
Note: Lockbox Code: 5-2-0-1 on all above
Call: Bob MacDonald, Bristol Realty Partners
404-454-6856 /
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