All Forum Posts by: Mike Cesa

Hello-

I'm looking for an experienced General Contractor in Palm Springs, CA for a flip project.  Project is pretty extensive needing high-end finishes an look.  Please send me a message if you are interested or if you can refer anyone.

Thanks,

Mike

Hello-

I have a property under contract in Palm Springs, CA that I intend to flip.  I'm looking for gap funding of about $175,000.  Please let me know if you are interested or if you can refer me to someone who might be.

Thanks,

Mike

I may take you up on this. Looking at several opportunities right now in the SoCal area.

Hi Ahmad. I'm looking pretty much anywhere in the Inland Empire and San Gabriel Valley.

Is this still available?

I am very interested.  Please PM me.

Perfect. Thanks Chad.

Hi everyone.  I am a newbie, and I have been looking at pre-foreclosures.  I found one I am interested in with these numbers:

ARV: $550,000

Loans: $350,000 1st

$150,000 2nd

If this property goes to auction, does not sell, and becomes an REO, the lender on the 2nd will get nothing, correct? So as an investor, am I able to negotiate down the 2nd with that lender, before I purchase the property directly from the owner?

I apologize for this not being investment related, but I need a jumbo loan for 5% down with a 700 credit score. Purchase price $649,000. San Bernardino county, 91701 zip. I know it can be done at 720 credit, but have yet to find it possible at 700. Please message me if you or someone you know can get this done. Thank you!

I know this is an old post, but I just wanted to thank everybody for their input here, especially @ Dev Horn.  This has been very helpful.