All Forum Posts by: Chris Martino

Hi @Dave Bass, South Philly consists of many small neighborhoods that differ significantly from each other. I would start out by driving around a few areas just to get an idea of which areas interest you. Philly also has a large amount of investors and some great meetups where you can speak to local investors/wholesalers. Check out the events on BP as well as meetup.com and you will find a bunch of them. Good luck!

Hi @Paul Jurczyk,

I work for a wholesaling company in North Jersey if you would like to PM me to discuss further. 

Hi @Account Closed, just as everyone else said there will always be deals available. It is all about your marketing hitting at the right time. I would pick one type of marketing you can go all-in on for a few months, measure your results, and then evaluate what is working/not working. 

Hi @Toan Hoang, I have found portfolio lenders to have a slightly higher interest rate than the typical bank but as Bob had said they are usually more flexible in different situations. 

Hi @Account Closed, below is the link to the Philadelphia Sheriff sale lists. You can filter it out by type of auction (tax or mortgage) and date of auction you are looking for. Once you have the list you can export it with the addresses. 

https://www.officeofphiladelphiasheriff.com/en/real-estate/sheriffs-sale-webapp

Hi @Account Closed, check out some local REI meetups on BP or meetup.com in Philadelphia and you will find a bunch of local investors at the meeting to speak to and ask for advice.

Hi @Alan Zee,

I work for a wholesaler in Philly, PM me and we can discuss what you are looking for.

Philadelphia SW Shell

4750 Paschall Ave, Phila PA 19143

Price: $70,000

This property is in a rapidly increasing section of SW Philly, close to UPenn and Grey's Ferry, this is a great section for a fix and flip. The property needs complete remodeling and will be a perfect flip for anyone looking for that opportunity.

By appt only for qualified investors, POF will be required prior to any showings as its occupied..

Click Here for Pictures

Contact us at:

[email protected]

866-280-3063 ex 7

We are working to do the estate with the owners and the property will not be ready to close for in 60-90 days. 

DISCLAIMER: This information has been obtained from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Construction numbers are estimated and numbers will vary depending on the service provider. Clients must verify the information and bears all risks for any inaccuracies. For any offering we either own the property or have equitable ownership interest and will assign our contractual rights to our investors. Asking price above includes original contract price plus any assignment fee unless otherwise specified. Terms of original contract are assumed in our assignment contracts and are provided upon execution of our assignment agreement. Any buyer or assignee agrees and understands that Point Acquisitions LLC is not acting as a real estate broker or agent in this transaction and is not representing either party, but rather is acting as a principal in selling his interest in the above-referenced agreement to the Assignee. All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company and underwriter.

Off Market Francisville Triplex

1720 Wylie St, Phila PA 19130

Price: $400,000

50% complete renovation for a legal triplex in the Francisville section Philadelphia - RSA-5 zoning but city certification for 3 units. This corner property is a great asset for any portfolio, you simply need to finish the job. 816 N 16th St sold for 1.2M (4 units, no parking) so there is a plenty of juice here for a condo conversion or keeping it as a rental. This property has lots of potential is a very hot and desirable 19130 zip code.

Buyer pays for ALL transfer tax. Easy Access, call or email to set up an appt. Click Here for Pictures

[email protected]

866-280-3063 ex 7

DISCLAIMER: This information has been obtained from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Construction numbers are estimated and numbers will vary depending on the service provider. Clients must verify the information and bears all risks for any inaccuracies. For any offering we either own the property or have equitable ownership interest and will assign our contractual rights to our investors. Asking price above includes original contract price plus any assignment fee unless otherwise specified. Terms of original contract are assumed in our assignment contracts and are provided upon execution of our assignment agreement. Any buyer or assignee agrees and understands that Point Acquisitions LLC is not acting as a real estate broker or agent in this transaction and is not representing either party, but rather is acting as a principal in selling his interest in the above-referenced agreement to the Assignee. All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company and underwriter.

Jersey City Off Market Deals- 3xx 5th St

This renovation opportunity is a 1,700 SF town home with two car parking.

Sales data suggest it could sell between $1.3M - 1.4M (800-900 PSF) with a high end finish level. The property is being offered at $850,000 or $500 PSF, assuming you can keep your renovation costs around $100 PSF then it is likely can achieve the out sale pricing of $800-900 PSF, especially with two car parking comparable sales data.

This location is in walking distance of the Grove St Path Station and in a highly desirable neighborhood.The property sits on a very large lot, 15 x 95 and is zoned R-1 so it potentially could be approved for a 2-unit condo project as well. The buyer is responsible to verify all zoning use. Contact us ASAP if you are interested, this won't last long!

Click Here For Pictures

Contact us to make an offer or for additional information:

Point Acquisitions LLC

Phone- (866) 280-3036 ext 7

[email protected]

Visit our site to be added to our buyer's list:

Pointacquisitions.com

DISCLAIMER: This information has been obtained from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Construction numbers are estimated and numbers will vary depending on the service provider. Clients must verify the information and bears all risks for any inaccuracies. For any offering we either own the property or have equitable ownership interest and will assign our contractual rights to our investors. Asking price above includes original contract price plus any assignment fee unless otherwise specified. Terms of original contract are assumed in our assignment contracts and are provided upon execution of our assignment agreement. Any buyer or assignee agrees and understands that Point Acquisitions LLC is not acting as a real estate broker or agent in this transaction and is not representing either party, but rather is acting as a principal in selling his interest in the above-referenced agreement to the Assignee. All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company and underwriter.