Hey Guys: Here's a perfect deal for all of you - and anybody that calls themselves a Real Estate Investor has simply got to read through this one - at least scan these blue highlighted parts...

Our Investors have already purchased 19 of these on regular conventional financing terms, but the Seller/Developer wants to get rid of the last 20 or so 1bdrm units remaining in his inventory in BiloxiMS, so is allowing us to market these units at $79,900 with just 10% down and SellerFinancing terms @ 4.95% InterestOnly with a 3 year balloon which means that you don't really need to "qualify" - just have a decent Credit Score and it won't even show on your CreditReport...

It will only cost you about $8000 or so to do this deal And you'll make $100/month/PLUS x 12 months = $1200/year/PLUS - that's about a 15% PLUS cash-on-cash annual return folks (divide $1200 by $8000) which is far better than any CD or Savings Account will ever net you - a great place to park some capital while the real estate investing market "shakes out" over the next couple or three years - And it will provide you with a bunch of tax deductions which you don't now have, so even greater "savings" overall...

And the units are already rented @ $795/month, so no hassles there...

And Seller will pay All Closing Costs - And ownership of these units does not show on your CreditReport - And this a real "no-brainer" in one of the best appreciating and rental markets in the entire US...

THE NUMBERS: Purchase Price of $79,900 (1bd/ba) @ $7,990 down and the balance SellerFinanced @ 4.95% InterestOnly for 3 years...

$795/month) Rental Income (already rented)*
($297/month) InterestOnly payment
($91/month) Taxes
($50/month)  PropertyManagement
($229/month) HOA (ALL insurance included)
$128/month Total ("Positive")

EXIT SCENARIO:  ReSell (or IRS #1031 Exchange?) within the 3 year SellerFinancing "window" for a profit;
Rent until then in an ever-increasing rental market - NO GoZone Tax Incentives on this one...

*The chances of it going vacant = virtually 0%.
*The chances of it going UP in rental value = 100%.

WHY?

Check out this Article...

Posted on Friday, March 21, 2008
THE ASSOCIATED PRESS

FEMA Questioned About Plans to Padlock Trailers
Thompson: Where will all the families live?

U.S. House Homeland Security Committee Chairman Bennie Thompson said he's concerned families displaced by hurricanes could end up homeless under a plan to padlock FEMA trailers that have high formaldehyde levels.

Thompson, D-Miss., said FEMA's goal is to move families out of the trailers by June, but there is a continuing shortage of affordable housing in areas slammed by Hurricane Katrina in August 2005.

"What factors are used by FEMA to determine relocation priority? What does FEMA do if a family cannot relocate due to a lack of housing alternatives or employment concerns?" Thompson asked FEMA Administrator David Paulison in a letter.

Government tests on hundreds of FEMA trailers and mobile homes in Mississippi and Louisiana found formaldehyde levels that averaged five times higher than people are exposed to in most modern homes.

"Although FEMA has said it will relocate people by June, there are nearly 10,000 displaced residents currently living in temporary trailer units in Mississippi alone," Thompson told Paulison. "FEMA has identified only 800 available rental units to house them."

And here it is...

TREASURE COAST - BiloxiMS

Originally built in 1982 and completely renovated inside and out after Hurricane Katrina

And its right across the street from a BRAND NEW CONDO PROJECT with prices starting at $350,000+
And just down the street from a brand new, already-approved Mega Resort/Casino Project - South Beach

And YOU WON'T FIND A CHEAPER PROPERTY ANYWHERE IN THE ENTIRE GO-ZONE
DO NOT DELAY AS THESE REMAINING UNITS WILL PROBABLY GO VERY QUICKLY...

For Additional Information on the GoZone, go to...
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TREASURE COAST PURCHASE RESERVATION FORM