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Results (10,000+)
Account Closed Selling flips as rental properties?
28 March 2018 | 2 replies
You are basically describing turn key providers.They buy distressed properties, rehab them, get them stable with tenants and then sell to investors.
Zachary Datuin Opinions and insight on this strategy please
28 March 2018 | 1 reply
We are wanting to get a distressed property and do a live-in flip.
Jonathan Morning Local bank says I need 20% down and more credit history
30 March 2018 | 13 replies
Try to find something slightly distressed for big value-add.
Julie Baek Newbie from LA, looking for other states for investing
3 April 2018 | 18 replies
Welcome, @Julie BaekYes, SoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners across LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?
Daniel Rosado New Member in Los Angeles, CA
30 March 2018 | 4 replies
I actually used to live in Valley Village (Magnolia and Laurel Canyon).Anyway, SoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners across LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?
Joe Morelli Re-finance from 203k to Conventional?
30 March 2018 | 3 replies
Unless you purchase a property that is in very distressed condition.  
Mike Barry Financing for BRRRR Strategy Question
30 March 2018 | 2 replies
Yes it's usually geared more towards the cash buyer who is acquiring distressed properties.Sometimes these properties do not qualify for conventional loans due to their condition.However it would work the same way with a financed property assuming the numbers checked out.
Steven DAmbra Analyzing Deals (Calculator fill ins)
3 April 2018 | 5 replies
We found a few distressed properties around but my question is HOW DO I FIND OUT WHO OWNS IT OR GET IN CONTACT WITH HIM/HER?
Scott Michael Can you wholesale deals on the MLS?
2 April 2018 | 8 replies
This won't be my main strategy, I have a marketing budget I am utilizing but I am thinking about doing this as well, like you said, only to distressed properties that are listed.
Brenton Tigner Jr 1st caller from Wholesaling yellow letters..Please help
8 April 2018 | 16 replies
For me my end buyer is a landlord that wants dirt cheap houses or a flipper who wants distressed property at a discount.