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All Forum Posts by: Simmy Ahluwalia

Simmy Ahluwalia has started 107 posts and replied 1300 times.

Post: Looking for new construction spec funding

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Account Closed, I'm in Atlanta.  I can secure SPEC construction financing.  Feel free to email or call....

Simmy

Post: Partner for upscale in Decatur, Georgia

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Rush, if he opts for financing, let me know.  Even if he secures a down-payment partner, I can secure the debt.....

Post: Up to 300 Turnkey SFH for Sale in Metro Atlanta, GA

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

I don't have the taxes, ins, prop mgt, etc....so, you'll have to guestimate.  Here is a snapshot of 4 of the properties.  I'm the seller rep.

Ask Price, Rent per month, Annualized Rent........

$122,000 $900.00 $10,800.00 4b 2.5bth 1964 14,810.4 1,793
$100,000 $795.00 $9,540.00 3b 1.5bth 1953 10,454.4 1,208
$118,000 $950.00 $11,400.00 4b 2bth 1960 12,196.8 1,699
$118,000 $900.00 $10,800.00 3b 2bth 1968 15,246.0 1,660

Post: Up to 300 Turnkey SFH for Sale in Metro Atlanta, GA

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Turnkey rentals, all off-market.  

Post: Up to 300 Turnkey SFH for Sale in Metro Atlanta, GA

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Average price per home is approximately $95k

Seller will sell in increments of 5+

No haggling - Properties are priced at retail, Seller will sell at 20% discount

Proof of Funds needed to weed out tire-kickers

Post: 10 SFR's Package in Victoriaville, CA

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Chetan, once you secure a buyer and they need financing for the acquisition, please shoot them my way....

Post: New York Investor looking to expand to other markets

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Anthony Chacon, welcome to BP! Consider Atlanta, GA as a good investment market, both on the SFH and MF. Most of what I receive is off-market, so if you have some general buy criteria, let me know. Also, I specialize in private money financing, so if/when you decide to leverage, please reach out.

Post: Roswell, Ga Wholesale Deal.

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Carlton, what is HOA? Current?

Post: IN NEED FOR HELP WITH FUNDING

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Hello @Eric Smith, I'm happy to help you out.  And you are correct, never pay any up-front monies (unless for an appraisal) until you have a Term Sheet directly from the Lender in hand.  Feel free to email or call about your scenario.

Post: Investor seeking private lender for buy and holds

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Hello @Brian Huber, I can definitely help you out.  I'm working with several investors currently with Buy/Hold financing, AND, I'm based in Atlanta:)  I'm also a licensed realtor, so I can be a resource for you on the acquisition side as well.....feel free to email or call.