All Forum Posts by: Roozbeh Afzal

@Craig Anderson

Glad to connect. Always good to expand our networks. DM me and we’ll set something up.

@Will Barnard

I’ve seen a few of your posts and I like your approach. If you’re open to it I’d like to bend your ear about a few deals I’m working on in Ventura and LA county.

Might turn into opportunity for you.

Any suggestions for REI groups/meetups in LA coming up in the next couple weeks?

@Mike Hern thanks for the feedback. I’ll do more research on the legal issues related to the lien.

The seller has asked for money when we open escrow at the time of signing the purchase contract. Seller is super distressed and out of money and needs a life line to be able to afford the move.

House is paid off so no mortgage.

Our plan is to use private money to fund the deal with 10% down. Reno cost also covered by private money lender.

I am currently in negotiations with a distressed seller that has agreed to the purchase price, but has asked for 10k outside of escrow upon signing to put some money in his pocket and to help him get situated for his next move.

I was thinking to record a lien on the property and include this term in the purchase contract. Feels risky to me given that the seller could back out and not close and I’d be chasing them for 10k and likely never see that money again.

Anyone else have experience with this?

We are cash buyers and looking for good quality wholesalers to work with in the Los Angeles and Southern California market. We are in acquisition mode currently. 

I'm new to BP and getting back in the REI game after 7 years. Please add me to the mailing list and I'll be at the next event for sure.