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Unlisted Units in So Cal

Date: 07/09/2011 / Category: none , Current Grade A-

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SO. CA BANK PROPERTIES FOR SALE Details: - Bank owned Multi-family assets - All properties are tenant occupied - Bank wants in the mid $0.70 cents on the dollar of the unpaid balance (UPB) MAKE YOUR BEST OFFER A.S.A.P, THESE WILL SELL FAST!!!! DO YOUR DUE DILL AND LET ME KNOW. LOI + POF. - Broker Commission +4 points (add what you want on the deal) 1) 1952 W 39TH ST, LA (6 UNITS) – UPB $510,969.29 2) 211 E 29TH ST, LB (7 UNITS) – UPB $469,193.14 3) 10803 FIGUEROA ST, LA (6 UNITS) – UPB $367,437.95 4) 2326... continue reading >>

Wholesale in Duarte

Date: 07/06/2011 / Category: none , Current Grade A
http://www.postlets.com/res/5832578 Fix and Flip or Buy and Hold. You have asked and here is your answer. MAJOR PRICE REDUCTION!!!!! 927 sq.ft , Lot 5304 sq.ft 3bds, 1 Ba Built in 1952 Rent Rate ($1,550-$2,300) Has an additon in the backyard attached to the Garage w/ bathroom, roof in great shape but home needs about $ 20,000 in Rehab. Property is vacant, let me know if you want to view. Comps out $ 290,000- $ 310,000

Rehab in So Cal

Date: 07/02/2011 / Category: none , Current Grade A
Rehabbers Wanted Here is a re-hab with a lot of upside. Great opportunity for investors. 3 bd 1 ba 1464 sft 7500 sft lot. Come and see the potential this one offers. Vacant LOI+POF+Copy of Check $5K MUST SELL THIS WILL SELL!!!!!! ARV-$475,000 Estimate Repairs $20k Price-$334,900 Rents ($1,900-42,200) 5726 Meridian St Los Angeles-90042 Fernando Acquisition Director 424.259.3733 CASH or HARD MONEY ONLY Note: Please do your own due diligence. This information is provided to the best of our knowledge and we make no guarantees to the accuracy of this data.

Commercial Investment

Date: 06/30/2011 / Category: none , Current Grade A
Triple Net Lease. Great Investment Opportunity. This is a great opportunity to invest in a Class A Building. That's Triple Net Lease medical building only 4 years new. It offers a high rate of return and is fully occupied. Call or Email me if interested, I will send you Investment Summary Fernando Acquisition Director socalhartfordinvgrp@gmail.com 424.259.3733

FHA FLIPPING RULE, EXTENDED

Date: 01/20/2011 / Category: none , Current Grade ?

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FHA extends suspension of ‘anti-flipping’ rule for another year

The rule was intended to prevent speculators from defrauding the government, but it also stifled the purchase and renovation of foreclosed homes by legitimate investors.
For years the federal government prohibited the use of Federal Housing Administration mortgage financing by buyers purchasing homes from sellers who had owned the property for less than 90 days. The idea was to prevent speculators from defrauding the government through quick flips of houses — often involving straw buyers and corrupt appraisers — at wildly inflated prices.
One side effect of... continue reading >>

Multi Unit Fixer in West Los Angeles

Date: 01/10/2011 / Category: none , Current Grade ?

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This is a 4 unit with 5,500 sq feet of living space. It should be work high 900's - $1.1 million.

Selling for $750,000 total. I was told it needed $60,000-$80,000 or so in rehab. That would be $800,000-$820,000 or so all in.

They appear to be all 2 bedroom and 2 bath units as the property is 8 bedrooms, 7 baths on title.

Paying $200,000 or so for each unit in is exceptional, and you should see cash flow.

I have alot more pics, if you want to see them... continue reading >>

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