All Forum Posts by: Eleu Lee

thanks everyone. this is great information. 

Hey, Don. 

Let's talk. You keep referencing the real Eleu Lee as if you don't believe me or my friends. Here is my real LinkedIn profile: https://www.linkedin.com/in/eleu-lee/  

This is where I keep most of my professional contacts. 29 Years of hard work, Fortune 100 employers, references, solid education and global networking summed up in a single profile. 

FYI - Brad is one of SF's finest 1st responders with a wife and life full of integrity; and investing is what brought our minds together.  We have 3 active deals along with investors who know us, believe in us, and trust us. 

Since becoming aware of this post last week, I have sent you multiple private messages though you seem to trivialize your posting rather than seeing the damage it has caused.  I have been fighting this scammer for almost a 12 months, submitted 4 FBI reports via IC3.gov, 2 reports to FTC, multiple reports to local law enforcement here in NorCal, as well as reports to LinkedIn, ConnectedInvestors, MyHouseDeals.com... and I thought it was over when their site was taken down.  I even physically moved to safeguard my family and home.  You still think this is trivial?  

If one of my partners had not seen your post last week, I would still not know about your post which was active in 4 months ago. 

Call me. You have my phone number. Use it.  Then you can retract your post and admit you were duped.  In the end, I will still have the burden of knowing there still may be others who were duped by this fraudster/scammer. 

Eleu Lee

@Don Spafford

I am sorry for your experience with this fraud, but you have never spoken with me, nor have I ever offered anyone a real estate loan and my LLC has no other members. My name, likeness, website, and email were spoofed and you were a victim as much as me.

Before slandering me in a public forum, do yourself and BP a favor and perform real due diligence.

My domain is unique. My LLC is "Active" and registered in CA, my phone # is in CA, and I speak perfectly good English - no accent. Plus, I am not difficult to find as I have a full profile on LinkedIn; my phone # is on my website; and if you bothered to contact me on either site or even BP, you would have reached me directly. Send me a private message and I would be happy to verify I am not the person with whom you have communicated.

If I am acquiring a fixer upper with hard money 1st at 75% and covering the 25% + closing costs + insurance with private money, is there seasoning with this type of "cash" at closing?

Jhaysin... your question hit the nail on the head for me. I played around with the calculator though never found a number good enough to make this a good deal. 

@Kevin Martin.  I ran the calc for my 1st time and wondering where I could have gone wrong. Broker is telling me 7.5 cap, and I thought I was being conservative.  Never dice rolling. just wondering where I could make adjustments to submit an offer that makes sense. 

Thank you.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

HI.

This is only my 2nd post though I plan to be on here regularly from this point forward. I am based in the San Francisco Bay Area, and I am a full time investor raising private equity and private capital to fund real estate investments in Single-family and Small Multi Family properties, as well as Commercial Multi-Family apartment communities. Finding the deals is not always easy though I have assembled a solid team of business partners using my solid networking and communications background, and I have generated an exclusive inventory of off-market opportunities nationwide. In my short investing career, I have built teams in markets nationwide and have acquired properties in multiples cities across Florida and North Carolina, an SFR in Kansas City, another in Milwaukee, and a few throughout Northern and Southern California. My business has also included strategies across Buy/Rehab/Sell, BRRRR, Buy/Hold for SFR, Small MF and buildable lots.

I know there is much to learn though I kicked the corporate world to the curb in 2016, and I never look back!!! 

Cheers!!!

Eleu  

guys - I can't speak for the ads or websites that don't do what you expect, but unless you have spoken with Gary to understand his business, ease up on the character/business assassination. He is a quality guy with sound business and personal ethics. Gary runs a successful business, is well respected in the circles in which we all overlap, and he has mentored many successful students. 

If you're not making $10k a month and he can help you get to that point, take action and meet with him.