BiggerPockets

I represent a team of wholesalers who are preparing to use connections gained to offload some SoCal SFR REO inventory each month (NOT in bulk, but 1 at a time), and to maximize our abilities and get more sold, we are looking for all buyers who make monthly SFR purchases (no condos, no town-homes), to list your purchase criteria here, I will contact you via PM or e-mail, and anything that matches your criteria will be sent your way for your review.

If you are a broker/realtor or another wholesaler who is 1 away from the purchasing investor/entity, we will pay out a referral fee with some form of long term agreement possible after a few successful transactions. If there is another person involved in making the transaction a success, it is up to you to agree to their compensation between yourselves. Let's close some deals.

We are acquiring homes in the 60% - 75% ARV range (almost) every day. For more information about how the process works, please feel free to contact me. Our goal is 50 deals a month, and I look forward to working with you all.

I am available for a phone call every day between 1pm and 10pm. :wink:

$700 in rental income per $35K spent? I'd keep those all to myself, haha.

Hi Alex,
Add me to your list for Orange and LA counties.

I am experienced with cash buys on REO's that need rehab in the Inland Empire to Flip.
Key criteria are:
Discount Rate
Location, Location, Location
80,000-250,000
Rehab amount needed
3/2 or greater, I have done 1 baths and may consider.

Thanks and let's see what you have??

Tony and Aaron, I sent you both an e-mail with more information.

Alex,

I am interested in real opportunities to purchase product at a discount, however, when you sent me information, it sounded like one of those groups that tries to wholesale by using other peoples' funds at the auction. While I am not against these type of groups, I would prefer to work with someone who has a more direct and reliable source. Please reach me if you have a steady source for discounted product, other than the auction.

Best,

Dan

Alex,

I purchase REO proeprties to rehab every month, but in my experience, too many people in the middle cause a good deal to become a bad one. You stated you represent a group or groups - I would want to be in direct contact with the seller without any chain links to pay in the middle. I also have sources to get deals on REO's and can offer these to others (those I don't keep myself) but I am the direct seller and owner in that transaction. Can you provide a similar scenario, and if so, how would you be involved? Please respond here in the open thread.

I'd love to see what you have. I like three bed homes (can be 1 bath) anywhere in LA County from the San Fernando Valley south and into Orange County. No condos please. Range can be up to 1M and looking for an 18% NN per deal. Looking forward to it.

Chris - no $1M minimum, just fee is reduced if single purchase happens to be more than $1M.

Alex - Thank you for your reply. I am interested in the direct contact, perhaps I can view some potential offerings to see if we are in the ballpark or not. Please send me an email to continue communications.

Note: I am not a huge fan of the +3%, but we can speak about that later.