All Forum Posts by: Jeff Filali

Some Photos: 

@Greg H. Want to sell it?  I may know someone interested... :-)

We are Real Estate Investors who work with Wholesalers all the time both Co-Wholesales of "Our Deals" & "Your Deals". The way we operate, we will never have access to your buyers or sellers, so you never have to worry about someone going around you on deals. We've all dealt with that before. Its a win, win situation. . .we send you more deals priced to move fast, and you add your normal fee and keep your buyers happy!! Plus, whenever you have deals you need to move, we can help you locate buyers.

So, if you're interested in having more deals to market to your buyers list or having us market your deals to our buyers list, fill out our Wholesalers Questionnaire at

Off-Market SFR in Odessa, Texas.

Details: 3 Bed/1 Bath/1 Car Attached/2,000sq ft

ARV: $110,000

Est Repairs: $10,000 (As Rental) or $25,000 (As Full Rehab/Flip)

Priced to move: $50,000 CASH only

Potential Flip Profit: $35,000 - 46% CoC ROI

Links to Property Info: ($114) or TOTAL VIEW ($113K)

For More Info: Call Chris at 254-205-0392

Photos Coming!!

@Account Closed funny you mentioned using self-directed IRA, I just established a Solo401K myself to start buying a lot of these properties in and sell them on Notes. Its insane how much your money can grow when using a tax deferred plan.

I'm amazed more people aren't doing seller financing.  The returns are very high, especially if you purchase good deals. When you add in the down payment recouped from the new buyer, plus the premium sales price, plus ongoing interest, the return on Net-Cash invested is more then you can get anywhere else. Plus you don't deal with landlord issues and its very easy to move properties. 

@Account Closed hit the nail on the head.  By selling them with owner financing, you can get premium price, plus draw a good on-going return.  I plan to do a lot more of that in 2017.

@Taylor K. I only buy under $50K, mainly under $30K and almost all cash. I am doing very well with it.  2016 was really my first year as a full-time investor.  Purchased 8 properties, flipped several for good profit and reinvested in more properties, sold a few with seller financing and have 2 that were just purchased all cash the past few weeks. 

On Dec 31 this is where I'm at from last year-

• Started 2016 with $30K to invest
• Have $90K built up in Notes Receivable on my seller financed sells (Plus that's only the principle, add another potential 10.0% APR for the next 10 years)
• Have 2 recently purchased properties worth combined $95K
• Cash in Bank $30K
• Total OWED on properties $48K as of 12/31

I keep reading all these posts where people are buying properties for more then ARV, am I missing something? There are way too many better deals out there, I'm never going to pay more then ARV for any property. IMO, Its not a good investment. Find deals that you can be all in between 70-80% of ARV tops or move on to a better deal.

I never use an alarm clock, and am always up working before 6am.  How bad do you want it? 

Maybe it's time for a CHECK UP from the NECK UP?

When I finally LOST all my EXCUSES, I started to FIND all my RESULTS!!

I sell some of my flips with Seller Financing and always try to get 20% down and charge 10.0% APR, usually on a 10 year note with no pre-payment penalty, but have negotiated on the down payment amount a few times but not the interest rate. From my view of it, I can make more then that not having the money tied up and am doing them a favor. If the buyer has good enough credit to negotiate a better rate, they don't need seller financing. My guess is it will be difficult to find anyone willing to offer seller financing below around 6-7% APR especially if they know you're going to use it as an investment property.