OfflineGreetings,
I have buyers wanting to purchase bulk SFRs or Commercial within the LA or Orange County areas. They want to buy directly from the bank or direct from the seller to the asset manager. They have money up to $15mm, will buy at maximum of 62-63%. I have LOI and POF. Hit me back! No 3rd, 4th, or 5th legs please.
Peace and Blessings,
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that frightens us. Actually, who are you not to be? You are a child of God. Your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you. We were born to make manifest the glory of God that is within us.”
- Nelson Mandela
Hi, if your buyers would be interested in Multi-family or Storage Units I may have sellers. And, I am sorry but can you explain LOI and POF?
Thanks--
Tina
Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."
"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176
Please forgive me for asking.
Oops, and Thanks!
PS but I do have many Apartment and Storage Unit owners, so if Commercial in your case might that, please let me know.
-- Tina
Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."
"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176
Here is their criteria for California, Texas and the East Coast:
Buyer #1: Multi-family/apartment/student housing properties and self-storage, both with minimum 100 units. As far as location, his only criteria is a 50K+ population that's near some government infrastructure. He doesn't want anything that needs major work (a 6-8 on a condition scale of 1-10 with 10 the best). Facilities should be A-class and fully operating. Purchase price is $3 million -- $5 million, or $20 million if in bulk. Cap rate should be 6-8% at 50% facility occupancy or 11-13% at 70% occupancy. He can close in 30 days or less.
Buyer #2: Multifamily units throughout Texas; minimum 200 units and looking for 70% of market value.
Buyer #3: Multifamily units in North Texas and the Dallas/Fort Worth area; Minimum 200 units; wants it at 60% of market value.
Buyer #4: Multifamily on the East Coast and Southeast at 70% of market value; at least 200 units.
Peace and Blessings,
Sheila
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that frightens us. Actually, who are you not to be? You are a child of God. Your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you. We were born to make manifest the glory of God that is within us.”
- Nelson Mandela
Hello, I may have some contacts in the east coast that we can discuss. Please visit my websites and register and i will contact you for a listing of the properties. thanks!
Esmirna Maloon
I'm checking with investors in all your markets with your criteria. CA & TX may be the most promising. I'll let you know what I find out.
-- Tina
Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."
"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176
i have a couple of single family resident kern county Bakersfield. 3bedroom 2 bath. looking for buyers and investors and partners.nice residental area. under $100.000.00 I do require a finders fee.10% of all property purchase and sold.
My buyers want to buy in "bulk" only! 5+ properties at one time whether it is SFR or Multi-family.
Thanks,
Sheila
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that frightens us. Actually, who are you not to be? You are a child of God. Your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you. We were born to make manifest the glory of God that is within us.”
- Nelson Mandela
Hi, to begin someday i'l be able to rattle all that stuff you just said...that's so cool! Question, you said 50K+ population that's near some government infrastructure. Buyers interest only in LA or Orange County, is that set in stone..or would he be interested in San Bernardino County near 29 Palms Marine Corp base. Ive seen commercial property out this way and can you explan the lingo..cap rate? I think i might ( i say that hestitantly) there may be something of his interest out this way. I'l ask some jar heads if they've seen or know of self storage units for sale...word travels fast around here.Can you find out if this area will be of interest? And can you get back with me asap. Maybe we can do business. Thanks Cb
Pm me, i read that first before i can figure out how to do the navigational stuff on the rest of this site. Thanks! cb
Hi, I am looking for Note Buyers of bulk packages of non performing and/or performing notes. Package can be up to 500 million or even customized. The states are nationwide particularly AZ, FL, CA and NV. I'm in NJ. Pls contact me.
Steven,
I don't think I have bulk note buyers for you. I do understand buying and selling notes, but if you don't mind could you explain a bit more on your request above. I have some large investors, but I would like to understand better what you have.
Thanks.
Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."
"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176
Sure Tina. I basically have a list of mortgage notes on residential and commercial properties i.e. hotels, office building , multi familes houses etc. considered to be performing or non-performing grouped together by the bank that issued the mortgages for sale - discounted. There are buyers of these notes in the market that can and like to hold the "paper or rights to the properties. I am looking for them -and they basically know who they are. Deep pocket types - could be doctors etc who invest inthis way