synergy capital inc

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Synergy Capital Inc Pittsburgh based privately owned Real Estate investment company

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Synergy Capital Inc. Pittsburgh based privately owned Real Estate investment company . What We Do. Buy distressed residential properties to renovate and resell to new homeowners. . The Synergy Capital Team . Ryan Brown – managing partner Josh Adamak – managing partner - PowerPoint PPT Presentation

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Page 1: Synergy Capital Inc

Synergy Capital IncPittsburgh based privately owned Real Estate investment company

Page 2: Synergy Capital Inc

Buy distressed residential properties to renovate and resell to new homeowners.

What We Do

Page 3: Synergy Capital Inc

Ryan Brown – managing partner Josh Adamak – managing partner Scott Hastings - managing partner George Vetterly – rehab project manager Michelle Wright – marketing, administrative

The Synergy Capital Team

Page 4: Synergy Capital Inc

Finding Properties Evaluating Deals Purchasing Funding Renovating Selling

How We Do It – The process

Page 5: Synergy Capital Inc

Wholesale leads (We Buy Houses etc) MLS

◦ Foreclosures◦ Estate Sales◦ Distressed sales◦ Short Sales

Referrals

Finding Properties

Page 6: Synergy Capital Inc

Estimate Renovation Cost (highest best use, additions) Potential ARV (estimated resell price) Calculate ancillary costs (holding, financing, closing costs) Offering Accordingly (adhering to set %’s / margins)

Evaluating Properties

Page 7: Synergy Capital Inc

Title Search & receive clear title Home inspection Finalize renovation plans Selecting general contractor Coordinate Funding Insuring the property

Time Frame 30-60 days

Purchasing (after getting a property under contract)

Page 8: Synergy Capital Inc

Start & Manage Renovations Home inspection after completion Make final adjustments Professional staging, photos, & video

Time Frame 6-12 weeks

Post-purchase

Page 9: Synergy Capital Inc

Pricing it to sell Listing on MLS through Re/Max Online marketing Networking with Local Agents Finding the right buyer

Time Frame 1-4 months

Marketing it for sale

Page 10: Synergy Capital Inc

Buyer’s appraisal, inspection Working with buyer’s title agent Coordinate loan payoff

Time Frame 30-60 days

Closing the transaction

Page 11: Synergy Capital Inc

224 2nd (Aspinwall) 608 Winterberry (Monroeville) 4617 Plummer (Lawrenceville)

Case Studies

Page 12: Synergy Capital Inc

Purchased $92,500 from whole seller Funded with $180,000 from private lender Total expenses $205,000 Sold for $299,900 in first week on the market Time frame from start to finish: 191 days Private lender profit: $7,535 (8% APR)

224 2nd St (Aspinwall)

Page 13: Synergy Capital Inc

Purchased $20,000 from private seller (hoarder) Funded with $80,000 from private lender Total expenses $98,000 Sold for $139,900 in first week on the market Time frame from start to finish: 206 days Private lender profit: $7,535 (8% APR)

608 Winterberry (Monroeville)

Page 14: Synergy Capital Inc

Purchased $61,000 from estate sale Funded with $118,000 from private lender Total expenses $120,000 Sold for $165,000 in first week on the market Time frame from start to finish: 216 days Private lender profit: $5,586 (8% APR)

4617 Plummer (Lawrenceville)

Page 15: Synergy Capital Inc

Earn higher than average returns Secured by Mortgage & Note and recorded at

courthouse Low LTV (50-70%), plenty of equity to lender Interest Paid from Funding Date to Payoff Date Rehab escrow held by title agent to protect equity Listed as loss payee on property insurance Follow the renovations, see the progress Funds can be reinvested quickly (30 days or less typically)

Private lending (see addt’l presentation for further details)

Page 16: Synergy Capital Inc

503 8th St (Oakmont) $88,000 Purchase Price $148,00 Total expenses $200,000 ARV $135k-$140k funding amount6 month estimated return: $5,600 (8% APR)

New projects funding needed, between 1-3 properties purchased & also sold each month.

Upcoming Projects

Page 17: Synergy Capital Inc

Tour current projects, locations include: Fox Chapel, Aspinwall, Lawrenceville, Shadyside, South Side, Upper

St. Clair, Edgeworth, Monroeville, Brighton Heights, Emsworth Review upcoming loans available Schedule follow-up meeting Make arrangements for funding new loan

Next steps….