Case Study – 3711 Southport Dr.

$49,900 cash purchase, $11,000 in rehab, 90 DOM, sold for $89,900 owner finance, 13.8% ROI.

This property at 3711 Southport Dr., 78223, was purchased by the investor for $49,500 in late 2014. It is on the southside of the city. This was about 30% under FMV.

It is a 3/1 with a one car garage, and was built in 1957.

Central air was added, painted on the inside, and kitchen and bath rehabbed. Total cost: $11,365. Total investor cost was $60,865.

Using our unique owner financing system, this property was resold in four months to owner finance buyer that we found for the investor. The buyer maintains the property.


  • $5000 down
  • $895 per month PI/TI
  • 30 year amortization
  • 10% interest
  • No prepayment penalty
  • No balloon
  • Final price: $89,900 (FMV)
  • ROI: 13.8%

More Pictures After Rehab:

lr 2 light kitch bath2 halls 2

Interested in Investing? Key Points –

  • $50-70k cash wholesale properties – mostly sold to California cash buyers
  • We qualify end owner finance buyers on job history and documented income per Dodd Frank rules.
  • All owner finance prices are FMV.
  • Typical terms – 30 year note, 10% int., $5000 down payment – varies depending on exact deal
  • Low foreclosure rate – resell to new buyer if needed
  • 10-13% ROI is typical return
  • 1-3 months to locate quality owner finance buyer
  • Tax/insurance payments are escrowed
  • 5-10k rehab, no long term property maintenance
  • We have completed over 1,000 of these deals
  • Contact us to learn more