I'm looking for properties to rehab and resell. Single family residences or duplexes mostly. Will pay all cash. Need good wholesale price so that I can have a decent profit margin.
I'm looking for properties to rehab and resell. Single family residences or duplexes mostly. Will pay all cash. Need good wholesale price so that I can have a decent profit margin.
Los Angeles is a big place. Are you looking anywhere in particular? What about any other requirements on these properties?
Joshua Dorkin, BiggerPockets, Inc.
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Hi Joshua,
I figured once I made contact with someone I'd then give out more details. Here you go...
Currently we only have 350k to make a cash purchase. We will be going after private lenders soon so that we can buy more.
Interested in these areas/cities around our base (Los Feliz area):
90026…27…39 …41 …42 …65, Burbank and Glendale too.
(We are willing to extend out further if it is a good property.)
Interested in single family residences (2, 3 or 4 bedrooms).
Interested only in properties in clean, upscale, desireable neighborhoods (no homeless, gangs, eyesores, debris, etc.).
We can do both light cosmetic rehabs or heavier, more involved rehabs… (speed of turnover and margin would be the two key determinants for choosing).
If you have any other questions, don't hesitate to ask.
Best,
Alfred
Have you consider Inglewood? I can help you find something interesting anywhere in LA and OC but I think Inglewood looks very promissing these days. PM me :)