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by Vivian Marino |
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| Glen Gallucci, above, shows a "before" photo of one of his properties in Jersey City, NJ to members of the GSRE Investors Association, which
was his touring properties. read more |
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| PROJECT SHOWCASE |
 |  |  | E. Brunswick
Loan: $228,000
ROI: $17,100
APR: 15%
Term: 6 months |
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Parsons Rd., East Brunswick, NJ
Before - Front Exterior - "Foreclosure"
This was a house going into foreclosure. The notice of foreclosure just came out so we needed to act quickly. Great house, great town and location. We quickly assessed this house and made a cash offer with a big deposit check to show our buying strength. After - Front Exterior
Before - Interior Bath
After - Interior Bath
After - Interior Half Bath
After - Interior Kitchen
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| | | Englewood
Loan: $182,000
ROI: $13,650
APR: 15%
Term: 6 months |
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Morris Ave., Englewood, NJ
Before - Front Exterior - "Tax Sale"
Through our vast network of "bird dogs" and networking associates and our reputation as quick buyers with cash, this house was brought to us that was owned by a person who had bought it via a tax sale. After - Front Exterior
After - Interior Kitchen
After - Interior Bath
After - Interior Basement
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| | | Edison
Loan: $234,000
ROI: $17,550
APR: 15%
Term: 6 months |
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Leslie St., Edison, NJ
Before - Front Exterior
This house was vacant for over two years.
This was truly a diamond in the ruff. Through our resources we located the owner who was living out of state. We quickly assessed the potential of this property, traveled to the owners location and made a cash offer.
They gladly accepted and was relieved to have someone purchase the house that was in need of a complete renovation.
It took some investigative work along with perseverance to lock up this great deal. After - Front Exterior
Before - Interior bath
After - Interior Bath Photo 2
After - Interior Bath Photo 2
Before - Interior Kitchen
After - Interior Kitchen
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| | | Newark
Loan: $126,000
ROI: $9,450
APR: 15%
Term: 6 months |
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Oakland St., Newark, NJ
Before - Front Exterior - "Bank Owned"
This was a situation where a contractor found this bank owned house and brought it to us for consideration of a joint venture. We did our assessment and agreed to buy the house making them a joint venture partner. This was a solid neighborhood with great appeal and potential. After - Front Exterior
After - Interior Kitchen
After - Interior Bath
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| | | Ridgefield
Loan: $242,000
ROI: $17,100
APR: 15%
Term: 6 months |
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Overpeck Ave., Ridgefield Park, NJ
Before - Front Exterior - "Distressed Situation"
This house was left to family members who just wanted to sell it and divide the money between the family. As many owners, they tried to list the property but received no offers because of the condition and price.
We were contacted by one of our many networking partners who alerted us that the owners now just wanted out.
After completing our due diligence, we made a cash offer that was accepted.
After - Front Exterior
Before - Interior Kitchen
After - Interior Kitchen
After - Interior Half Bath
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| PROJECT SHOWCASE |
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| View More Projects |
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| PRIVATE LENDING PORTFOLIO |
| (Past Project Samples) |
| (Transactions and ROI are based on a 6 month average holding period.) |
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Oakland St., Newark, NJ
Before - Front Exterior - "Bank Owned"
This was a situation where a contractor found this bank owned house and brought it to us for consideration of a joint venture. We did our assessment and agreed to buy the house making them a joint venture partner. This was a solid neighborhood with great appeal and potential. After - Front Exterior
After - Interior Kitchen
After - Interior Bath
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Morris Ave., Englewood, NJ
Before - Front Exterior - "Tax Sale"
Through our vast network of "bird dogs" and networking associates and our reputation as quick buyers with cash, this house was brought to us that was owned by a person who had bought it via a tax sale. After - Front Exterior
After - Interior Kitchen
After - Interior Bath
After - Interior Basement
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Leslie St., Edison, NJ
Before - Front Exterior
This house was vacant for over two years.
This was truly a diamond in the ruff. Through our resources we located the owner who was living out of state. We quickly assessed the potential of this property, traveled to the owners location and made a cash offer.
They gladly accepted and was relieved to have someone purchase the house that was in need of a complete renovation.
It took some investigative work along with perseverance to lock up this great deal. After - Front Exterior
Before - Interior bath
After - Interior Bath Photo 2
After - Interior Bath Photo 2
Before - Interior Kitchen
After - Interior Kitchen
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Parsons Rd., East Brunswick, NJ
Before - Front Exterior - "Foreclosure"
This was a house going into foreclosure. The notice of foreclosure just came out so we needed to act quickly. Great house, great town and location. We quickly assessed this house and made a cash offer with a big deposit check to show our buying strength. After - Front Exterior
Before - Interior Bath
After - Interior Bath
After - Interior Half Bath
After - Interior Kitchen
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SHOWCASE |
SHOWCASE |
SHOWCASE |
SHOWCASE |
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Newark |
Englewood |
Edison |
East Brunswick |
| Purchase Price ($): |
96,000 |
135,000 |
182,000 |
180,000 |
| Renovation Cost ($): |
30,000 |
47,000 |
52,000 |
48,000 |
| Total Investment ($): |
126,000 |
182,000 |
234,000 |
228,000 |
| Sold Price ($): |
215,000 |
263,000 |
350,000 |
315,000 |
| LTV: |
59% |
69% |
66% |
70% |
| Lender (You) ROI ($): |
9,450 |
13,650 |
17,550 |
17,100 |
| APR: |
15% |
15% |
15% |
15% |
| Term: |
6 months |
6 months |
6 months |
6 months |
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Overpeck Ave., Ridgefield Park, NJ
Before - Front Exterior - "Distressed Situation"
This house was left to family members who just wanted to sell it and divide the money between the family. As many owners, they tried to list the property but received no offers because of the condition and price.
We were contacted by one of our many networking partners who alerted us that the owners now just wanted out.
After completing our due diligence, we made a cash offer that was accepted.
After - Front Exterior
Before - Interior Kitchen
After - Interior Kitchen
After - Interior Half Bath
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Park Ave., East Orange, NJ
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South Clinton Ave., East Orange, NJ
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Flora St., Elizabeth, NJ
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SHOWCASE |
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Ridgefield Park |
East Orange |
East Orange |
Elizabeth |
| Purchase Price ($): |
215,000 |
175,000 |
130,000 |
115,000 |
| Renovation Cost ($): |
27,000 |
28,000 |
50,000 |
45,000 |
| Total Investment ($): |
242,000 |
203,000 |
180,000 |
160,000 |
| Sold Price ($): |
325,000 |
351,000 |
295,000 |
304,000 |
| LTV: |
76% |
58% |
61% |
53% |
| Lender (You) ROI ($): |
17,100 |
18,270 |
16,200 |
14,400 |
| APR: |
15% |
18% |
18% |
18% |
| Term: |
6 months |
6 months |
6 months |
6 months |
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Flora St., Elizabeth, NJ
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Hampton St., Elizabeth, NJ
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Mary St., Elizabeth, NJ
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Murray St., Elizabeth, NJ
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Elizabeth |
Elizabeth |
Elizabeth |
Elizabeth |
| Purchase Price ($): |
190,000 |
144,900 |
320,000 |
107,000 |
| Renovation Cost ($): |
5,500 |
35,000 |
60,000 |
15,000 |
| Total Investment ($): |
195,500 |
179,900 |
380,000 |
122,000 |
| Sold Price ($): |
359,000 |
375,000 |
985,000 |
185,000 |
| LTV: |
54% |
48% |
39% |
66% |
| Lender (You) ROI ($): |
17,595 |
16,191 |
34,200 |
9,150 |
| APR: |
18% |
18% |
18% |
15% |
| Term: |
6 months |
6 months |
6 months |
6 months |
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Sayre St., Elizabeth, NJ
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Westervelt Ave., Irvington, NJ
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Valerie Dr., Manville, NJ
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Richileu Ave., Newark, NJ
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Elizabeth |
Irvington |
Manville |
Newark |
| Purchase Price ($): |
25,000 |
43,000 |
96,000 |
91,000 |
| Renovation Cost ($): |
45,000 |
40,000 |
64,000 |
26,000 |
| Total Investment ($): |
70,000 |
83,000 |
160,000 |
117,000 |
| Sold Price ($): |
148,000 |
153,700 |
259,000 |
189,900 |
| LTV: |
47% |
54% |
62% |
62% |
| Lender (You) ROI ($): |
5,600 |
6,225 |
12,000 |
8,775 |
| APR: |
16% |
15% |
15% |
15% |
| Term: |
6 months |
6 months |
6 months |
6 months |
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Cindy St., Old Bridge, NJ
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Brighton St., East Orange, NJ
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Old Bridge |
East Orange |
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| Purchase Price ($): |
182,000 |
60,000 |
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| Renovation Cost ($): |
2,500 |
5,000 |
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| Total Investment ($): |
184,500 |
65,000 |
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| Sold Price ($): |
350,000 |
112,000 |
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| LTV: |
53% |
58% |
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| Lender (You) ROI ($): |
13,838 |
4,875 |
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| APR: |
15% |
15% |
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| Term: |
6 months |
6 months |
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| DISCLAIMER: This information is designed to provide accurate and authoritative information with regard to the subject matter covered. It is offered with the understanding that neither the publisher nor the author, company, officers, principles or individuals is engaged in rendering legal, tax or other professional services. If legal advice or other expert assistance is required, the services of a competent professional should be sought (from a Declaration of Principles jointly adopted by a committee of the American Bar Association and a committee of the Publishers Association). This information is intended for instructional and informational purposes only. Readers are advised to proceed with the techniques described herein with caution.
We make every effort to ensure that we accurately represent these services and their potential for income. Earning and Income statements made by our company and its customers are estimates of what we think you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ by individual.
As with any business, your results may vary, and will be based on your individual capacity, business experience, expertise, and level of desire. There are no guarantees concerning the level of success you may experience. The testimonials and examples used are exceptional results, which do not apply to the average lender, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual’s success depends on his or her background, dedication, desire and motivation.
There is no assurance that examples of past earnings can be duplicated in the future. We cannot guarantee your future results and/or success. There are some unknown risks in business and on the internet that we cannot foresee which can reduce results. We are not responsible for your actions.
The use of our information, products and services should be based on your own due diligence and you agree that our company is not liable for any success or failure of your business that is directly or indirectly related to the purchase and use of our information, products and services.
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