All Forum Posts by: Matthew Valeriano

Off Market & Discounted Fixers Under Contract 

Van Nuys - $665k

Beverly Grove - $1.85M

Long Beach - $525k

Compton - $800k

CASH OR HARD MONEY ONLY |END BUYERS ONLY

Contact me 949.329.3407 |currently sourcing 10 off market opportunities a week

Investment Info:

Single-family residence wholesale investment.

Sale price: $335,000

Wholesale transaction in Spring Valley Lake, Very straight forward SFR with comps in the mid 4's to 5's

I used https://www.retrainersca.com/ to get my license online.

Hey just joined biggerpockets , will there be another meet up soon?

Hi Joseph,

Most wholesalers use an assignment agreement contract, the other method im aware of is a concurrent close where a standard RPA is used. The wholesaler is technically purchasing and selling the property in this instance.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $600,000
Cash invested: $25,000
Sale price: $668,000

This was a wholesale deal I recently closed in Oceanside, Was able to lock this under contract for 600k

What made you interested in investing in this type of deal?

This neighborhood had no investor flips recently closed, I was able to get this one under contract and investor will have no issues on the resale with being the only investor remodeled home in the Neighborhood.

How did you find this deal and how did you negotiate it?

This was a pocket listing from agent, this deal had lots of competition and I had to come up higher with my offer or I potentially may have lost out.

How did you finance this deal?

This was a wholesale deal that i got undercontract. The only way I was able to secure this was with very good terms and a very fast close.

How did you add value to the deal?

This will be one the very first Investor Flips in the area, Once rehabbed this should bring a very good return.

Hi everyone,

What cities are you buying in and why? I'm a wholesaler/investor and operate in Los Angeles and Riverside county. 

Investment Info:

Single-family residence wholesale investment.

Purchase price: $850,000
Sale price: $875,000

This was a wholesale transactions completed in Lake Forest,CA.

What made you interested in investing in this type of deal?

I pickup wholesale off market property quite frequently, Lake Forest is a highly sought after neighborhood with extremely low inventory.

How did you find this deal and how did you negotiate it?

This was a direct to seller wholesale transaction

How did you finance this deal?

This was a wholesale transaction negotiated with the seller