Home Buying Criteria
Landsmith, L.P. is an all cash buyer providing a prompt evaluation of your property, and quick closing for those homes that meet the criteria.
We have purchased approximately 500 homes in the last 60 days.
Size: 5 to 500 homes or finished lots.
Age: 1990 or newer homes. We will also buy to-be-built homes from builders.
Type: Single-family, duplex, triplex and townhomes.
Bed / Bath: 3 bedrooms / 2 bathrooms or more.
Condition: We prefer rehabilitated and leased, but will also buy as is.
Price: $35,000 to $200,000 for homes. $5,000 to $20,000 for finished lots.
Cap Rates: 4% to 10%, depending upon market. (Please call for rates)
Schools: 5+ school rating.
Neighborhoods: “B” or better. (Subjective)
Crime: State average or better.
Markets: Atlanta, Charlotte, Chicago, Columbus, Dallas, Fort Myers, Fort Worth, Greensboro, Houston, Indianapolis, Jacksonville, Kansas City, Miami, Nashville, Orlando, Phoenix, San Antonio, and Tampa. (Some markets are zip code dependent.)
Contact: (650) 328-4663 or firstname.lastname@example.org.