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All Forum Posts by: Oscar Lopez

Oscar Lopez has started 11 posts and replied 48 times.

Post: Hello from North Carolina

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9
Welcome Dave. Congrats on the first purchase. Are you looking in Greensboro? I get a lot of off Market deals from my website and can add you to my buyers list. Let me know and have fun in the business.

Post: Private Money Needed NJ Rehab

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9
Hello BP. I am buying a property in Perth Amboy, NJ and need a private lender for this property. I hope this deal is what you are looking for. Thank You. 4/1.5/1 2000 sq ft. Purchase price is $165k Rehab $37k Max ARV $261k Loan requested $105k- first and ONLY lien. 63% LTV 40% ARV 6 months. We pay remainder of down payment and renovations. We would like to close By June 1st. I have comps and scope of work available. If you are interested or know someone that may be interested please reach out to me. Terms are negotiable. Thank you. My experience: 2011 1 million dollar condo in NYC rehabbed and sold ( first deal- failed miserably) 2015 210 Sheridan Ave Roselle Park, NJ ( full rehab ) made $45k profit 2016 2611 WhiteOak Dr. Burlington NC ( full rehab- fully funded by me- 1 more week worth of work and will be placed on the market for sale ) $40k profit expected. 1028 Tesh Ct. High Point, NC ( light rehab ) on the market and under contract in under a week. $22k profit expected 814 Yardley Dr. N Augusta SC- currently under contract waiting to close - light rehab- have multiple investors interested once I close. $15-$25k profit expected depending on route I take.

Post: Eden, NC. 3 Parcels; Residential, Land, Commercial

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9

I have a property under contract that consists of three parcels all connected and each with road frontage and independent access.  The first one is a nice 3/1.5 all brick home on 1 acre, the next one is land with 3.5 acres and the last one is commercial zoned unit, once a convenience store and nursery with a 1 bedroom apartment in the rear of the building, on 2 acres.

Anyone familiar with the Eden, NC Market or the Rockingham, NC market that can shed some light on what should be done with this deal.

The property address is 642 NC HWY 700 EDEN, NC 27288

THANK YOU VERY MUCH. 

Post: Commercial Retail Broker in Winston-Salem, NC

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9
I have someone that can help you. Send me a text message with your contact information and I will have him reach out to you.

Post: North Augusta, SC Wholesale Opportunity

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9
Hello BP! I have a 2/1 on Yardley Dr. that I have under contract but need to have it inspected and marketed to local investors. If you are interested in working with me on this property please feel free to reach out and discuss. Thank you.

Post: Best financing strategy for this deal?

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9
I'm closing on one similar to that today. I am taking title to the property and keeping the existing mortgage in place. I am giving the sellers a $5k deposit, rehabbing the property and listing it to the retail market. I have agreed to continue to make the payments on the property and they have agreed to continue to pay the insurance.

Post: Have two deals and no buyers list. OH OH

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9

@Mark OGara Hello Mark, thank you for reaching out.  Could you send me your email address or visit my website so that I can show you my properties.  

Post: Have two deals and no buyers list. OH OH

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9

@Brandon Battle you are right about the auctions.  I am going to have to get to those as well. Thank you for reaching out.

Post: Have two deals and no buyers list. OH OH

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9

Thanks for the feedback @Gabriel Amedee.  I have not tried Linked in yet. But  I will make sure to get to them today.  I really appreciate the feed back.

Post: Have two deals and no buyers list. OH OH

Oscar LopezPosted
  • Investor
  • Greensboro, NC
  • Posts 54
  • Votes 9

@Frank Trigoso, would you happen to know what the cost of the program is?  by the way thank you for the input man.  I really appreciate it. 

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