Released on = August 9, 2007, 4:34 am

Press Release Author = National Real Estate LLC

Industry = Real Estate

Press Release Summary = Section-8 Rented Homes in Detroit 'Investor-Buyer Program
Rocks the Investor World (14% CAP Rate)'

Press Release Body = Livonia, MI -- Metro property suppliers is turn the Michigan
Market upside down with its great investor buys of subsidized rented properties,
with property management in place. Boy is this getting the attention of the
competition.

Joint Ventures:

Metro Property Suppliers is always looking for new partners in the business that can
bring something to the table. From investors who are looking for a fixed rate of
return that may need to utilize a 1031 exchange to first time buyers with
exceptional credit and income but no down payment. They have the resources to cover
any situation including but not limited to new construction, commercial development
and multifamily to projects as simple as rehabbing a single family home. They have
working relationships with all types of people in the business. New and rehabbed
construction, management and financing we can assure the most efficient transaction
possible. They will coordinate the whole deal. Metro Property Suppliers will have
you covered from beginning to end that is what sets apart. Contact Tarik about
available joint venture opportunities.

Property Management:

Metro Property Suppliers offers property management to all of its existing and
future clients. They do this to insure all are clients properties are handled with
the up most professionalism. For more details about this service please contact are
office to be put in touch with are property Management staff.

Great Buys:

Mark Maupin of National Real Estate Network LLC, one the largest real estate
investor clubs in Michigan said "the program they are offering is great for
experience or first time investors, Where can you go to get property Management,
great buys, and property that rented with Section -8 Tenants (14% Cap Rate). These
homes are a great value for anyone who is interested in owning single family home
rentals that are already occupied with quality tenants. Most of the homes have
\'Section-8\' renters as tenants. The \'Section-8\' program is a government subsidized
housing program for individuals who need assistance but have a good rental record.
The check comes directly from the government to the landlord. Most of these tenants
have been in the homes for over a year and would like to remain as renters.
Section-8 guidelines for rental homes is strict, the homes have to go through a
yearly inspection. This assures the new buyer a quality, inspected, up-to-code home.
There web site for Metro Property Suppliers is:
http://MetroPropertySuppliers.com/Programs.htm

Program Buyer Criteria:

The have designed this program to meet the needs of the investor/buyer who wants
quality cash-flow rentals with as little out of pocket as possible. Although the
costs are kept low, there may still be expenses that the buyer needs to think about
before considering this program.
The minimum criteria include:

1. Minimum credit score of 660 (Exceptions can be made if borrower has more money in
the bank & other assets).

2. Buyer must show at least 5% of the purchase price in assets (Savings/
checking account as well as retirement accounts are acceptable).

3. Buyer must pre-pay for the following: $500.00 Earnest money deposit (this will be
used towards closing costs), Termite inspection (Lender Condition), Appraisal Fees,
Insurance & Presale Inspection.

Cost of Homes:

the price of the homes is based on a percentage of APPRAISED VALUE. This
figure ranges from 85-90% depending on the borrowers mortgage parameters as well as
the amount of homes purchased. Example, based on a borrower who is buying 5 homes at
a time and is getting a price of 85% of appraised value, a home appraised at
$70,000.00 would cost $59,500.00. This would leave the buyer with immediate equity
in the property- in this case $10,500. The buyer can then decide if they would like
to keep the equity in the home or use some of it at closing to cover more of their
costs.

This program is bring Arizona, Californian, real estate investors, and give those
investing in real estate high returns on performing assets with one site management.

If you have any additional questions that have not been answered in this package,
please feel free to contact the office at: Contact Tarik 248-519-2324.

Web site; http://MetroPropertySuppliers.com.

This Press Release has been submitted by PREasy.com


Web Site = http://www.megaeveningevent.com

Contact Details = street address : Laurel Manor 39000 Schoolcraft Rd

City