All Forum Posts by: Jared Vidales
Jared Vidales has started 179 posts and replied 487 times.
Post: Phoenix Buy/Hold or Fix/Flip- Wholesale
- Scottsdale, AZ
- Posts 509
- Votes 134
3819 E Becker Ln. Phoenix, 85028
3/2 | 1,808sqft /10,867 lot | 1960 | Pool | 2-Car enclosed Garage
Wholesale Asking Price: $248,000
Jared Vidales
530-219-6792
Post: New Member from Newport Beach, CA
- Scottsdale, AZ
- Posts 509
- Votes 134
Welcome!! Are you trying to hold rentals in OC?
Post: ***ALL CASH BUYER LOOKING FOR OFF MARKET HOMES IN SANTA MONICA***
- Scottsdale, AZ
- Posts 509
- Votes 134
is that all?
Post: Looking for a good Investors Agent in the Phoenix AZ area
- Scottsdale, AZ
- Posts 509
- Votes 134
Originally posted by @Mohammed W.:
Hi BP community, I'm hoping someone can recommend a great Investor friendly agent in the Phoenix AZ market. I'm focusing on building a buy and hold portfolio. I also appreciate any insight as to areas to focus on. I'll be heading to Phoenix next week to check out the areas. I have about 3.5 years of buy and hold experience in Vegas and have a plan already for the type of investments I'm looking for - 3/2 sfr, between 30k-120k with a 1% or better rent to price ratio. Any help is very much appreciated. Thanks and I hope everyone out there is doing well with their investments.
You may have better luck linking up with a couple wholesalers
Post: Evaluate Max Offer Price for new-ish house that needs virtually no work in Phoenix, AZ.
- Scottsdale, AZ
- Posts 509
- Votes 134
In Phoenix, I would use the following equation:
Offer = (ARV * 0.8) - Profit
Assuming house needs zero rehab
Post: What Does the Deal With Private Money Lenders Actually Look Like?
- Scottsdale, AZ
- Posts 509
- Votes 134
There are a million ways which financing can be structured, its nearly impossible to type them all out. If your private money is a friend or family member, I suggest talking with them to see what theyre comfortable with. They would most likely want to take title to the property in the case you default.
Always work with an attorney when drawing loan contracts.
An example of what my partner gets - 100% financing, 100% rehab costs, 7% interest only, paid upon the sell of the project.
Post: Mentor in AZ
- Scottsdale, AZ
- Posts 509
- Votes 134
Shoot me a message. @Account Closed and myself will be co-hosting REI meetups for new investors
Post: Experienced Client Paying 14% to 20% for capital funding
- Scottsdale, AZ
- Posts 509
- Votes 134
What do you mean by client? How are you getting paid if you find him financing at those terms?
Post: Wholesaling in Phoenix Area
- Scottsdale, AZ
- Posts 509
- Votes 134
Theres deals everywhere brother.
Where seeing deals in AZ, but you have to dig a bit deeper
Post: AZ Portfolio Lenders
- Scottsdale, AZ
- Posts 509
- Votes 134
Im going to begin calling porfolio lenders this week, but wants to get BP's recommendations on Portfolio lenders in AZ