All Forum Posts by: Jared Vidales

Hi BP community, I'm hoping someone can recommend a great Investor friendly agent in the Phoenix AZ market. I'm focusing on building a buy and hold portfolio. I also appreciate any insight as to areas to focus on. I'll be heading to Phoenix next week to check out the areas. I have about 3.5 years of buy and hold experience in Vegas and have a plan already for the type of investments I'm looking for - 3/2 sfr, between 30k-120k with a 1% or better rent to price ratio. Any help is very much appreciated. Thanks and I hope everyone out there is doing well with their investments.

You may have better luck linking up with a couple wholesalers

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In Phoenix, I would use the following equation:

Offer = (ARV * 0.8) - Profit

Assuming house needs zero rehab

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There are a million ways which financing can be structured, its nearly impossible to type them all out. If your private money is a friend or family member, I suggest talking with them to see what theyre comfortable with. They would most likely want to take title to the property in the case you default.

Always work with an attorney when drawing loan contracts.

An example of what my partner gets - 100% financing, 100% rehab costs, 7% interest only, paid upon the sell of the project.

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Shoot me a message. @Account Closed and myself will be co-hosting REI meetups for new investors

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What do you mean by client? How are you getting paid if you find him financing at those terms?

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Theres deals everywhere brother.

Where seeing deals in AZ, but you have to dig a bit deeper

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Im going to begin calling porfolio lenders this week, but wants to get BP's recommendations on Portfolio lenders in AZ

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All Forum Posts by: Jared Vidales

Jared Vidales has started 179 posts and replied 487 times.

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