All Forum Posts by: Randy Sinda

@David Oldenburg has done an amazing job build this group. There is definitely power in numbers.

Good evening fellow BP'rs. I've been doing some direct marketing here in the Sacramento CA area. I've come across some deals that are to skinny to be a fix and flip. In my network I've reached out to a RE friend of mine and she has a investor end buyer that is interested in my deal which consists of 3 properties as a package deal from the seller i.e the seller does not want to sell just 1 of the properties it must be all 3 of them which are cash flowing rentals.

My question is my RE friend has to legally transact the deal on a "CAR" purchase agreement. I currently have the seller verbally ready to sell all 3 but I do not have them under contract. The end buyer is doing conventional financing. How how I put myself somewhere in the middle of the deal legally in contract so I can receive my assignment fee at the COE for bringing the 2 parties together. I believe with a CAR purchase agreement and conventional lending underwriting there is no way to specify a disbursement of funds to me as a "assignment fee" for "X" $'s.

Any thought's out there?

Thanks in advance,

Randy

@Alex Sloan Welcome to BP - Your definitely in the right spot. House hacking is a good way to start. There is some much information here, just ask the question and you will receive the answer. The community is like no other here. Everyone want to help each other prosper. Good luck and ask lots of questions.

Tabi, Welcome your in the right place. There is so much information here. Any stone you turn will find a gem under it. We're located here in Roseville and would be glad to support your needs and lend a helping hand if needed. Good luck, Randy

@Carrianne Mucho thanks for the feedback, we are looking also in placer county we just haven't found the right deal yet where the numbers make sense for us. Were confident our perseverance will pay off in the long run.

Excellent, can you send me options and pricing.

Randy

@John P., has the been any areas where you are at the have been working for you?

Do anyone have referral for an excellent web design person and maybe someone with graphic art design skills also? Any comments would be greatly appreciated.

Thanks,

Randy

I'm Looking for opinions on what areas of Sacramento county are currently having the best opportunity to find undervalued SFR's to rehab?

Thanks,

Randy

Welcome to BP, take a look around and don't be afraid to ask questions. There is a wealth of information in this community.