USmetros > Washington, D.C. > Property for sale > JOINT VENTURE PARTNER BUYER OR LENDER WANTED
 
JOINT VENTURE PARTNER BUYER OR LENDER WANTED
 

Posted on Mon, 28 Dec 14:25 CDT

Reply to:   reply below
 
Nothing down
No work
50% of the profit
50/50 Joint Venture
Out of State Investors Welcomed


“I’m selling a deal, not a house”, The Shermanator  (Sherman Pittman)

LET’S SPLIT THE PROFITS IN HALF ON THIS ONE !   !   !

 

I will give up ½ the profit so I can then focus on repairing and selling fast.   I 
negotiate with the seller and his son for  4 hours to put this one together.   I’m 
looking for 2010 to be a big year in this business so I’m looking for some serious 
people to do close  with.  Happy Holidays. 

ADD Big PHOTO 

708 19th St. NE Washington DC 20002

www.MyDCDeals.com

HAT #1  JOINT VENTURE PARTNER

INVEST $40k to $100k cash (or borrow the funds for no money down and no work), I do the 
work, and we split the profits 50/50 within 6 months.


HAT #2   LENDER 

LEND $40k to $100k on a 1st mortgage and get repaid in 6 months.


HAT #3  LANDLORD BUYER

BUY MY POSITION below for $18,700, fix (no payments and no interest during the fix up 
stage) and rent with 0% or 5%, your choice, owner financing AND a positive cashflow.


HAT#4  REHAB AND RETAIL CASHOUT BUYER

BUY THE PROPERTY out right with the best cash offer over $67,000, fix, and sale.

Comps Sold:  
700 19th St. NE 	$265,000   	Jan 15, 2009  the blue house in the photos
1925 Gales St. NE	$219,500	Sept 15, 2009
More on the website


Fair Market Rents:   
2 Bedroom = $1,450           4 Bedroom = $2,485      www.dchousing.org


Check out the site www.MyDCDeals.com for all the details, plus more deals:
•	Exterior and Interior Photos
•	Repair Estimates
•	Comps
•	24x36 CAD drawings link
•	DC permit in place until April 2010
•	Private lender details


Thanks

Sherman Pittman
REAL ESTATE SERVICES
611 Pennsylvania Ave SE #291
Washington DC 20003

I Buy DC Houses
I Buy Notes Nationwide
I Pay $500 to $1,500 in referral fees

Phone	1-800-509-573
Fax	1-800-519-9303

Email	Sherman@CashForDCHouses.com
Website www.MyDCDeals.com 



1.FIND A BUYER - $500  referral fee to anyone that finds a buyer. 

2.REFERENCES Credibility kit provided upon request of my previous transactions for 
serious people, when we meet.

www.MyDCDeals.com
 

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