OfflineWe bought, rehabbed and rented 7 SFH's this year, which is by far my most productive year in RE. We have it down now to where we can do a pretty full rehab in 30 - 45 days.
I didn't expect that we would do so many this year as our problem has historically been finding deals that make financial sense but we are now getting a steady stream of property from this great resource that my brother in law told me about
We typically buy our properties for cash in the $140 - $230k range and put in $20 - $50k so that we can: 1) Command a higher rent and 2) Have them mostly ready to sell if/when the market pops. We refinance the properties after they are renovated and rented. The refi's have been covering all of our purchase price (70% LTV) with renovations because of the great deals that we have bee finding with Great Company that my brother law told me about.
I guess i owe him now! Has anyone else been using them too?
I will keep you updated.
Get A Cash Offer Now on your deal's any state any condition within 24 hours.
Looking for distressed properties in the So. Cal market has not been easy! More non-English speakers stay within their own group, luckily we can find Ambassadors of Culture that we have in common such as Art, Music, Film and Entertainment. so, fellow DG'ers let NOTHING STAND IN THE WAY OF YOUR SUCCESS!!!!
anita Page
So true that many of the non-English speaking communities like to deal within but what I have found is if you can get in with one of them and have him bring you around and introduce you, You can get in !
Get A Cash Offer Now on your deal's any state any condition within 24 hours.
Hello,
I was wondering if someone could help me with a good but inexpensive way to find motivated sellers. I've been working the vacant house route but running into a lot of dead ends. Is there a list I can mail to that I can get without paying to much for? Which one is most effective?
Thank You,
John Catalano
Post your deals here and maybe someone here will take them off your hands!!
It's all in NETWORKING and HERE is the place you should share.
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools