My Deals

Central Colorado Property anyone interested?

One of my contacts has alerted me to a property they are selling in central Colorado. If you are investing in colorado properties shoot me a PM and include your email in it and I will forward you to them. Best. Jason

Accepted Offer for 4 Unit Property

Just a brief note on a property offer that was recently accepted. The Inspection is scheduled for Thursday at 3pm and financing is good to go...

Here is the offer and plan;

Offer is $103,000 with seller paying $4000.00 towards closing and also providing a payment of $15,000.00 for misc repairs after closing.

I'm lucky to have a little history, so I have obtained temporary financing for the downpayment $20K @ 15% interest....Not bad for an investor! but this is only a short term loan.

The plan is to use a portion of the funds to fix up some key items and then refinance with the local bank that has no seasoning required and will refinance for the entire 103K and pay back the temporary loan.

No money Down!! Up to 27-Units with None of my own money for acquisitions.....

Deal #3 under contract.. 4-plex

Got a 4-plex under contract.. it's a short sale.. My offer was accepted by seller.. 75% occupied and tenants wish to stay. Have another interested party to occupy the 4th unit when it's mine and ready. This will be a buy and hold.

They zig you zag. Never give up!!

Hello every one. Well just to get started I will outline a deal we just finished. I welcome comments and advice on stream lining this process. We (Cindy and I) live in Red Bluff, a small town in Northern CA near Redding and Chico. We have three flips and eight rentals to date. The latest was an attempt to do an assignment.

Birmingham AL Gem!!

Hello,

Check out this newly rehabbed 3 br home in the Adamsville area outside of Birmingham. This house is located in a stable neiborhood with a good school system. Details are located below.

3br/1 Ba

Totally Renovated....new carpet, tile, paint inside and out...new HVAC.

Cash flowing at $650.00 per month

$39,000 Price
$65,000 value

*We will even manage your property for you...Check out the video below!!!

http://www.youtube.com/watch?v=5iyOmXePw1E

One on the line

I Have a FSBO on my line and would like opinions or comments from some long timers and or "experts" on the site.

3bd
1-3/4 bth
FMV around 340,000
15,000 in cleanup & repairs
Owned free & clear
Offered 184,000
Leaves APX 140,000 - my cut for end buyer
All comments, opinions, questions appreciated.
Thanks, Garold

DOCUMENTING DEALS !! #1

i am sitting here late at night copying and documenting my deals from the very first one i have done so i thought i would refresh my own mind and maybe give a few pointers to others that do not know me .i havent been on the site alot and giving advice or support as much as i used to as i am working full time and still doing deals and learning as i go.i will always be a lifelong learner and consider myself to always be a work in progress.If anyone here on dg is going to be an ACTION TAKER and make things happen then in would suggest documenting EVERYTHING as it happens.I know from experience that if you have a goal of joining the success academy and getting your refund you will have to have EVEERYTHING written or typed and SAVED so you can access it to hand in for PROOF or testimonial.DO TH

Will Pay You $1500 IF your Buyer Closes!

This is a chance for a DGer that has built a buyers list of real buyers, but has not been able to find a good wholesale deal to provide them. Here it is!

Here is a brief description:

3080 Sq. Ft. 3 bedroom, 2 bathroom, 2 car garage on over 1/2 an acre. Beautiful house on a great street.
Rent ready. Rents $1350

Here are the numbers:

Fix/flip remodel estimate $20,000.
ARV is $185,000
Selling for $112,500

Cash or Hard money only. My contract is not assignable. You will have to have your buyer ready to go in advance. Earnest money $2500 non refundable.

This property is in a really nice area outside of Birmingham, Alabama. Low average DOM.

We have our team in place if you need a realtor or contractor.

PM me for further details.

2 for 1 in Augusta, GA - request guidance

Thanks for checking out this post.

I'm located in CA but have family in SC sharing border with Augusta GA. I have opportunity via family contact to wholesale assign two SFRs in area of Augusta being rehabbed. Homes built in 1955-1961. Both homes have repairs and electrical upgrades needed.

I'm not sure how to proceed here. I've run the comps and am collecting repair costs for potential investor and presentation purposes. BUT, I first must come up with a price the elderly seller will agree to. On the first home we are discussing... Right now she thinks it is worth 2-3x what it is so I am slowly bringing her into reality. She does own both properties free-clear and would like to cash out.

Syndicate content