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Updated about 10 years ago on . Most recent reply

User Stats

107
Posts
92
Votes
Allan Glass
  • Investor/Developer
  • Los Angeles, CA
92
Votes |
107
Posts

We Need Deals in Los Angeles / Orange County Areas

Allan Glass
  • Investor/Developer
  • Los Angeles, CA
Posted

Short and sweet request.  We have capital and need more deals.

I'm also posting a need in the commercial section, but residential we target the following:

1) light/mid rehabs in all areas of Orange and LA metro areas.  We target homes we can deliver to market for conforming borrowers and/or at a retail price below $750,000.

2) tear downs - targeting Los Angeles metro area, 2-4 units and/or land that is zoned for 2 or more units.  

3) empty lots or tear downs 7,500 SF lots or larger City of Los Angeles - all zoning except R1,R2 (no R1, R2)

4) 5-10 unit under performing / dilapidated apartments.  NO rent control please.  Non paying tenants, city violations, all problem properties considered.

5) last minute saves... we can quickly help you close the deal that's about to fall apart, before it goes away, give us a call.

We have the capacity to handle 15-20 deals in our pipeline at a time and buy with cash and/or our established credit lines/private funds. Our group has completed over $1 Billion in transactions and have been in the Los Angeles area for 20+ years.

Our request:

1) Please do not send us properties on the MLS

2) Please do not send us properties on which you are not in direct contact with the seller.  We protect our sources, can/will sign NCND and request direct access to sellers.

Thanks everyone in advance for thinking of us.

Best of luck to everyone!

Allan

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