Invest in Work Force Coin Membership Interest
Work Force Coin LLC is in the startup stage where we are looking at different real estate acquisition opportunities. Depending on areas, locations and pricing for real estate properties will vary greatly.
We have identified several properties to purchase. However, Work Force Coin LLC does not own any real estate and has not selected any properties for acquisitions. At this time, Work Force Coin LLC has not purchased any real estate properties, nor entered into any contract of negotiation to purchase properties. Work Force Coin LLC is presenting potential investors an opportunity to become members with the hope WFC LLC can purchase properties below market value, and sell properties for a profit.
Locations, Locations, Locations:
According to Zillow.com the median home price in metro areas of California are: Orange County, $720,000; Los Angeles County, $613,000; Riverside County, $374,900; San Bernardino County, $343,300.
Potential Investment Property
Location: Orange County, CA
After Repair Value: $800,000
Purchase Price: $630,000
Down Payment 15%: $94,500
Closing Cost 2-3%: $18,360
Holding Cost 12/mo.: $48,000
Potential Profit: $103,640
We estimate that cash needed to complete a deal of this magnitude is approximately $210,000 which covers down payment, closing, repair and holding cost. Our goal is to purchase, renovation and divest properties within 3-6 months. An increase in mortgage interest rates may decrease our pool of potential buyers therefore extending our holding period.