JULIO GRANDA

50 influence

MIAMI , Florida

am seeking to buy 3-4 units in the Miami area for under 100K. Does anyone on my network have an lea (5 months ago)

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IM:
Profiles:

I started in real estate in 1998, in Orange County CA. I have been in the mortgage lending business as a broker in California and Portland Oregon. I specialized in hard money lending and very creative financing. I have bought and sold many properties over the years by very creative means.

On March 4, 2010, I acquired a triplex (rehab'd) in Miami with a 26% capitalization rate and under 100K, with no money out of pocket. With the exception of some gas money doing the normal running around. I found a private lender who financed the property at 70% of the county appraiser's value, on a 6 month note with a 6 month option. I paid points, they were added to the note and an 8% I/o payment.

Over the years I have found many lenders to do this type creative financing.

I am looking for partnerships to acquire similar type properties. These would be all low income housing in decent living conditions. I will not go into war zones but I don't mind working with neighborhoods that seem to be out of most peoples comfort zones. Also, I have a crew to do light rehab work, if needed. I am only focusing on Miami Florida and Las Vegas Nevada.

Experience

Since 2000, I have acquired and flip many investment properties with great outcomes. I have consulted and coached clients and friends who have made almost eight figure returns in investing in residential and commercial properties. I owned a mortgage company in Costa Mesa California for 6 years. Then set my focus on the Portland Oregon Market with rooting a mortgage company in Portland.

I have now moved to Miami and accomplished what everyone said couldn't be done. I am living proof that it's out there. It can be done. Success is a perspective, a feeling, a state of mind, and attitude.

Real Estate Goals

Profectus!!!!!!

Currently Seeking

IOn March 4, 2010, I acquired a triplex (rehab'd) in Miami with a 26% capitalization rate and under 100K, with no money out of pocket. With the exception of some gas money doing the normal running around. I found a private lender who financed the property at 70% of the county appraiser's value. On a 6 month note with a 6 month option. I paid points, they were added to the note and an 8% I/o payment.

Over the years I have found many lenders to do this type creative financing.

I am looking for partnerships to acquire similar type properties. These would be all low income housing in decent living conditions. I will not go into war zones but I don't mind working with neighborhoods that seem to be out of most peoples comfort zones. I also have a crew to do light rehab work if needed. I am only focusing on Miami Florida and Las Vegas Nevada