1. Project Bear
This is a very unusual situation that we have uncovered and are willing to share the opportunities with you. These properties are not in Texas but were tax lien properties that we have acquired the right to own. It is a real niche situation-outside the box.
You may partner with us by funding the purchase price and the estimated legal expenses for 25% of the profit. For example, if our purchase price is $5,000 and the legal fees are also $5,000, your contribution would be $10,000. The CAD value, if $50,000, would be a good goal for a sale. If sold for just $34,000, you would receive your $10,000 back plus $6,000, your 25% of the profit.
If you wish to purchase the property yourself for all of the profit, we can quote a price for you.
In either case, you must have your funds deposited no later than May 15, Two of the three properties are commercial and are going concerns. The residential property is rented but we are not yet able to communicate with the tenants to determine rents until after our purchase. We estimate rent to be in the $725 monthly range.
These properties have all been previously struck off and our purchase will coincide with the redemption period being over. We will then evaluate and begin the necessary legal steps to get it them to the point where we can sell them and obtain a title policy. This will probably entail a Quiet Title procedure. We will collect rent in the meantime. We estimate that we will be able to sell them within the first year.

2. 521 52nd Fairfield Built 1986: 3-1: 900 square feet: Rent $725/month: CAD Value is $53,050 Purchase and Legal $12,000 MORE PICTURES:

3. 1128 Clydesdale Built 1954:2960 square feet:Cinder block auto repair on .38 acre CAD value $49,000 $10,000 for Purchase and Legal

8. Wilmer St. Built 1973: 5290 square feet: Automotive shop on
Wilmer St. Built 1973: 5290 square feet: Automotive shop on .50 acres: CAD value $154,000 $23,000 for Purchase and Legal