All Forum Posts by: Eldar M.

If you are you are currently investing in real estate, and you are interested in financing your next project then you've reached to the right place.

We offer very attractive and competitive funding.

You need to be an active investor with some track record.

Credit score of at least 650.

No Income Verified

No Employment Verification

No Tax Returns

No Pay Stubs

No Ytd Profit & Loss

No 4506t/Cpa Letter

No 12-24 Months Business Bank Statements

No Balloon Payment

No Cash Out Restrictions

No Reserve Requirements (Vacant = 3mos Piti)

No Exit Strategy & No Personal Financials

Programs For Foreign Nationals

Can Finance Up To 10 Properties Per Borrower

70%Ltv For 1-4 Unit

75%Ltv For Multifamily/Mixed-Use

70%Ltv For Office/Retail/Warehouse

Can Vest As Individual Or Llc/Corp

1st Td’s Only / Purchases & Refinances

Loan Amounts From 75k-5m

No Maximum Number Of Properties Owned

Fast Broker Approval With No Buyback Clause

*Terms may change.

Please PM or call me for additional info.

We can contact you after filling out this quick form, click HERE.

Thank you

This property was last sold on May 2016, do you have any additional info?

Rare and heavily discounted fixer in Mid-vale Estates, one of the best neighborhoods in Van Nuys! This property comes with all the extras that buyers in this neighborhood look for. Pool, Pool house/studio with kitchenette, 3 car garage, peaceful private oasis.

please PM me or call for more details.

Please PM me in regards to your question above.

Thank you.

Hey @Ian Pitts, welcome to BP. I am in the same market as you are, and being a new investor at such tough competitive market is not easy, especially when most of the good deals go to all cash buyers.  I would highly suggest to become a Pro member and use the calculator as much as you can in order to compare and know what to offer, especially when the down payment is very low.

Maybe you can even start off by wholesaling of finding deals and join bigger all-cash investor and take a nice chunk of the deal. @Brandon Turner had a really good webinar yesterday "How to Make $1,000,000 Through Real Estate Investing", jump on it if you can, when someone breaks it down for you, the goal seem to be easier than ever before.  

Good luck!

Thank you so much for the great input guys.

@Joseph King, I have a good friend which he is a contractor so I can definitely take him with me. With the 2 potential properties I have right now, the investors want to tear the house down and build, so I am not sure if I need to bring a contractor with me to inspect.  I do need to "investigate" more the property, as far as liens, mortgages, loans remaining, etc.  

Is there any form or list I can go by, to make sure I am not missing important details?   How can I validate and insure that what the seller is telling me is accurate?  or should it all be under a contingency for the investor to take care of?

again, I appreciate the input @Pete Perez, @Edgar U., @Mike Watkins and @Joseph King

Dear BP members,

This is my third time "driving-for-dollars", writing down potential addresses, get the mail info and send "yellow-letters". On my last list I got two potential sellers. I should be back in LA area to communicate with them in couple of days.  My question(s) is what do I do next??? I have been listening to A LOT of podcast, and read a lot about the whole selling subject, but still feel kind of stuck, I wouldn't want to ruin these potential deals.  I need guidance as far as what do I do next with questioning the sellers.  

I do have few potential investors that are ready to pull the trigger if the deal works for them. 

Would greatly appreciate any tip, guidance and directions.

Thank you

@Chris Boyd, thank you for responding back. Not sure if I understand correctly. I definitely respect the "three legged stool" theory. I was wondering how I can add my fee to the buyer's side, does it require a contract between the buyer and myself? 

Dear BP members.  First I would like to thank all the members, organizers, developers and contributors that bettering this "Gold Mind" named @BiggerPockets. Kudos to @Joshua Dorkin and @Brandon Turner  that make the Podcast better and better episode after episode.

I am trying to bring a potential buyer to a deal that I got from another wholesaler. I just don't know how to create a contract between the potential buyer and myself, to get a fee for my service.  I have contacted the wholesaler and he said that I should add my fee to the purchase price.

Do I need to have a contract with my potential buyer?

If so, what kind of contract?

What's the average fee that one can charge in CA (California, Los Angeles county) for finding an off-market deal?

And, are there any legal issues, grey zones in transaction as such?

Thank you for taking the time to read and respond! 

Even @Michael Mearlon website is fake 

• http://www.capitalwealthvantagepoint.com

It has to be a bad joke...