All Forum Posts by: Alfonso Aramburo Zepeda

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $550,000
Cash invested: $60,000

Co-living property

What made you interested in investing in this type of deal?

Good neighborhood, low interest, huge backyard.

How did you find this deal and how did you negotiate it?

Using batch leads looking for below 15% max equity properties. Is it a loan assumption at 3.125%.

How did you finance this deal?

Self funded.

I’m coming across a few subject to deals in my area (Inland Empire). Who is buying? 

I had the same problem and I solved it by doing the following:
1. Registered the numbers under my company's name
2. Bought 1 number for every 100 daily calls 
3. Monitor daily for flagged spam calls/hygiene.
4. Warm-up numbers before your daily calls.

I do about 5000 calls every week and the above has worked for me.

Hope it helps!

The most effective one is the one you focus on the most. Pick one and stay consistent. 
Keep it up!

I find deals through multiple marketing channels: FB Ads, Cold Calling, SMS, Direct Mailing, SEO, Door knocking, D4D's. All channels work, and all lists work, it will be dependent on your focus

Yes Josue! Amazing people attend, from Lenders, Agents, Newbie to more seasoned Investors. 
Hope to meeting you soon!

New Off-Market Property: ✌️🔥✌️🔥******Great Fix & Flip with cosmetic rehab needed*******

4807 Rock Ledge Elmendorf, TX 78112***25 min from San Antonio, TX

3 bedrooms, 2 baths, 2470 sqft. Built in 2008. Lot .53 Ac


SINGLE-FAMILY HOME
Total Purchase Price: $150k
Rehab: 35k
Assignment Fee: 20K
ARV: 280k-295K
Spread: $75K-$90K

Potential Monthly Market Rent: $1,650
Potential Mid Term Rental: $2300
Potential Rent by the Room: $2700

Potential Flip Profit: $35,000


Occupancy: Owner Occupied, seller will need 30 days after closing

Rehab Level Estimation: Flip = Medium | Rental = Light

EMD 5K

Access: By Appt

CLOSING: 06/22/23

See Attached: Plenty of photos, Videos of interior & exterior:

https://drive.google.com/drive/folders/1RKRVFiZv71McesJc9PxvpTdUFINcNkaD





ASKING: $150k OBO




All deals cash or hard money only. I am selling my assignable contract with the seller of the property. I am not a realtor. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $750 closing fee to Open to Close for transaction coordination.


Cash for Homes CA

951-512-0141

www.cashforhomesca.com

Yes! I've been networking a lot and have met face to face some HML's that are currently working with other Investors I know. I'd be more than happy to introduce you to them!

 There are many creative avenues you can take:

1. Novation Agreement and utilizing a PML to cover the rehab costs.

2. Subordination- Taking some of that  (if any)

3. Hard Money for the rehab (most expensive option)

😀✌🏼