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Veridion Capital
Veridion Capital

Off-marketresidentialdeals.

Veridion’s own inventory, published with the figures an investor underwrites against.

02active deals · MI · OK

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Underwriting

What you are underwriting.

Deal 1614 Grandview Ave, Pawhuska, OK. The same figures its memo publishes.

Acquisition
$65,000
After-repair value
$160,000
Gross spread
$95,000After-repair value less acquisition price.
Rehab assumption
$50,000Published as a single full-rehab figure. No itemised scope exists.

The gross spread does not deduct the rehab assumption, and neither figure is profit. Both sit before financing, closing, holding and selling costs, which are not published. Every figure is an estimate for deal evaluation and should be independently verified.

Evidence

The photographs are part of the underwriting.

Field documentation, unretouched, labelled by whoever walked the property. Condition is the thesis, so nothing is cropped to hide it.

VD-001

1614 Grandview Ave, Pawhuska, OK

11 frames on file
1614 Grandview Ave, Pawhuska, OK. Front elevation
Front elevation01/11
1614 Grandview Ave, Pawhuska, OK. Living area with wood flooring
Living area with wood flooring03/11
1614 Grandview Ave, Pawhuska, OK. Carpeted room, electrical panel and mini-split
Carpeted room, electrical panel and mini-split06/11
1614 Grandview Ave, Pawhuska, OK. Carpeted room, mini-split
Carpeted room, mini-split09/11
1614 Grandview Ave, Pawhuska, OK. Bathroom
Bathroom11/11
VD-002

4175 Burrows St, Saginaw, MI

50 frames on file
4175 Burrows St, Saginaw, MI. Front house
Front house01/50
4175 Burrows St, Saginaw, MI. Side house
Side house11/50
4175 Burrows St, Saginaw, MI. Kitchen
Kitchen24/50
4175 Burrows St, Saginaw, MI. Bedroom 1
Bedroom 136/50
4175 Burrows St, Saginaw, MI. Utility Room
Utility Room50/50
Process

How to review a deal.

  1. Read the numbers

    Acquisition price, after-repair value, the gross spread between them, and the rehab figure that spread does not deduct. All four sit in the first screen of every memo.

  2. Inspect the condition

    Full photograph sets, unretouched. These are distressed properties and the evidence shows them that way, labelled room by room by whoever walked the site.

  3. Check the comparables

    Every deal publishes the nearby sales its after-repair value rests on, with size, year built, sale date and sale price. Verify them against county records.

  4. Talk to Veridion

    Submit an offer with your amount and financing method, or ask a question. Both reach the contact named on that property.

Currently sourcing

Where the book is live.

  • Michigan01 deal
  • Oklahoma01 deal

Questions about the assumptions?

Every deal carries the contact named for that property. For anything else, reach Veridion directly.