All Forum Posts by: Carlos Diaz

I have been working this real estate game for almost 10 months now and after several contracts that expired, missed funding on deals, and other sorted road blocks. I am no better today than I was when I began this venture. I have not seen one win yet. My frustration level has never been higher. I live/work in the Charlotte, NC market. I am looking for strong mentor in the area. Someone that is involved in this game first hand, and has real world experience. I would like to shadow him/her on a number of deals to see this process all the way through.

0 Votes

I know of a buyer that buys anywhere in the 50 states in any condition any neighborhood, so long as its 8K or under.

0 Votes

Which state?

0 Votes

Do you have any properties that meet this criteria available? I am looking to wholesale them. to a buyer. I am willing to share profits - 90% you 10% me...

I have been looking for deals for about 8 months now and I cannot find anything.

I need it to be within any of these states:

and answer no to these questions:

• Is the property ANYTHING other than a Residential Single Family, 2-plex, 3-plex or 4-plex

• Is the property a manufactured or mobile home? (NOT site-built or modular)

• Is the property recreational? (NOT primary residence, i.e... cabin, vacation home)

• Does the property have ANY history of methamphetamine use or manufacture?

• Does the property have SIGNIFICANT mold issues?

• Has the property had ANY fire damage?

• Is the property less than 900 sq feet?

• Are you ADDING to the building foot print or adding NEW exterior walls?

• Does the property have ANY foundation problems?

• Does the property have ANY roof truss problems?

• Will the repairs to the property be more than 75K?

• Is the property within 100 miles of the coast or in a high-risk flood plane?

• Has the property been Vandalized?

• Is the property in a High Crime area?

• Is the property in high rental neighborhood? (less than 65% owner occupied)

• Is the average days on the market for the neighborhood 120 days or longer?

• Is the property near commercial? (i.e. retail, strip mall, office space, restaurants, etc.)

• Is the property near railroad tracks? (within ¼ mile)

• Is the property on or near major street (4 lanes or more) or a busy 2-lane street?

• Is there more than one boarded-up home in the neighborhood?

0 Votes

I'm always on the lookout for multi-families in NC.

0 Votes

I currently am working with a hard money lender. But have had some difficulty locating a property that they would lend on. They are quite strict. But if you can bring me a property that meets the following criteria, I will offer the funding in a JV agreement, and would be willing to split the profit on the deal. Here is what I need. The answers to each of the questions below about the property needs to be NO:

Is the property ANYTHING other than a Residential Single Family, 2-plex, 3-plex or 4-plex

Is the property a manufactured or mobile home? (NOT site-built or modular)

Is the property recreational? (NOT primary residence, i.e... cabin, vacation home)

Does the property have ANY history of methamphetamine use or manufacture?

Does the property have SIGNIFICANT mold issues?

Has the property had ANY fire damage?

Is the property less than 900 sq feet?

Are you ADDING to the building foot print or adding NEW exterior walls?

Does the property have ANY foundation problems?

Does the property have ANY roof truss problems?

Will the repairs to the property be more than 75K?

Is the property within 100 miles of the coast or in a high-risk flood plane?

Has the property been Vandalized?

Is the property in a High Crime area?

Is the property in high rental neighborhood? (less than 65% owner occupied)

Is the average days on the market for the neighborhood 120 days or longer?

Is the property near commercial? (i.e. retail, strip mall, office space, restaurants, etc.)

Is the propety near railroad tracks? (within ¼ mile)

Is the property on or near major street (4 lanes or more) or a busy 2-lane street?

Is there more than one boarded-up home in the neighborhood?

Any of the following states:

GA, IL, IN, LA, MD, MI, NJ, NC, OH, TX, VA, WA, WI

I am looking for properties that are between 50 and 250K for all-in costs (Purchase price and repairs). And LTV needs to be 60-65%.

2 Votes

I am looking. Please call me at 347-512-6677.

0 Votes

I am interested. Could you please contact me at 347-512-6677

0 Votes

I am interested. Could you please contact me at 347-512-6677

0 Votes

Do you know how much repairs? ARV? Potential rent? ROI? Cash flow per month?

0 Votes

All Forum Posts by: Carlos Diaz

Carlos Diaz has started 11 posts and replied 50 times.

Post: Do I need to set myself on fire? Gouge my eye out?

Post: South Carolina Wholesale Deal!

Post: Private or Hard Money loan needed for fix and flip

Post: 60-65% of ARV

Post: Real Estate Agent from North Carolina specializing in investing

Post: Need a 50/50 partner. - I bring the funding!

Post: Looking For Indianapolis Buyers!

Post: Accredited Investors Wanted

Post: 20 Turnkey rental properties from 20-30% cap rate! Baltimore area

Post: Buy and Hold Wholesale in Charlotte