All Forum Posts by: Christopher Baustert
Christopher Baustert has started 3 posts and replied 34 times.
Post: Deletion of post

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
You can not edit only modify by adding additional sentences that are at the bottom and in lighter type. I will have to stick to advertising where I can actually delete a posting. No since in having an old posting out there, and if Josh and the BP team can't figure out how to do it with out causing interruptions in others posting...Well that's corporate greed for you. Just my opinion of course, I do not want to break any terms of use agreements.
Post: Deletion of post

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
How do I delete my posts in the market place?
Post: Rehab Property Financing Needed in Florida

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
Mathew, since you are in CA. do they lend in Illinois and Missouri? Maybe all states? I could send some people your way.
Post: Yellow letters

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
Yellow Letters were a great tool, but unfortunately they have been over used by all the seminar newbies. Working with a Realtor or finding them on your own can be much easier depending on the market your trying to purchase in. I prefer mid Western and South Eastern states to have multiple advantages. Since 2013 and on there have been so many seminars, webinars and gurus hosting some form of education has created more Real Estate Investors than ever before. The only advantage I have tapped into is working with Large Funds groups who have purchasing power in large quantities. The REO market is nearly tapped, and unless you have 200 million in funds you can not purchase at the desired 50% - 65% below current market value. There are still a few needles in the haystack of private sellers, but they are getting harder to find. One huge disadvantage to private 1 off sellers is that they are aware of the countless Investors trying to break into the market, and they are insisting that their properties are worth market value when in actuality they are not. HUD,Fannie Mae and Freddie Mac have many homes at market value, but you can negotiate with them to get your price. I do find bulk sellers who occasionally will sell a few out of their package at a time (cherry picking).
Post: I am a MOTIVATED SELLER - BUYER BACKS OUT - PLEASE HELP!

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
My Partner Valeria says she can still help you sell your properties.
Post: FYI Watch Out For

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
I have to Blacklist Connie Covert (A PRO) because after sending her our off market list of properties, had her partner sign our fee agreement and still went around us to seller. NO INTEGRITY !!! You mess with me and food for my children...you better beleive I will call you out. Everyone needs to know your business tactics.
Post: I am a asset based lender, which means we evaluate the cash flow of the property rather than personal debts - No tax returns required - Bank rates/terms

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
Is it possible to find a loan for $20K to renovate a home and make the first payment after 60 days to have renter in place. I would obviously forfeit the 90 day seasoning, but that is okay if you can help me with my odd request. We would like to purchase more rental property for our portfolio and form a great business relationship with a workable lender.
Thank you,
Chris
Post: Los Angeles: Navy SEAL's of Making Deals Im Looking to train two real estate investors for FREE in Los Angeles

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
AOL is Retro, I will keep mine and one day it will be cool again. Serious!
I hope your having A Great Day!
Post: I CAN DO 90% LTV HELOC'S ON PRIMARY AND 75% ON INVESTMENT PROPERTY

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
Michael, does Sam have a rehab loan program?
Post: Managing a Contractor/Partner in a Fix and Flip

- Real Estate Investor
- Bell, CA
- Posts 65
- Votes 19
Sounds like you need a new partner. He is not being honest with you. I am sure the roof is about almost half the price of what he is charging you. You met the furnace guy and he told you the price, so now you have a good furnace man. You should have an out clause in your contract with your partner. If you do not have a contract then you are in trouble. Good luck with your learning process and the end result. I really hate hearing how people are taken advantage of. I am honest and reliable, so if you want to invest again let me know and you will see the difference clear as night and day.