All Forum Posts by: Vincent Disanza
Vincent Disanza has started 2 posts and replied 3 times.
Post: Murrieta Area Need InvestFriendly Agent for Firsttime Househack
- Murrieta, CA
- Posts 3
- Votes 1
If this is your first one you might consider buying it FHA 203K so you can compete with cash buyers.
Post: I pay 25-50% rate of return per project/ 8-12 month projects
- Murrieta, CA
- Posts 3
- Votes 1
I am a certified and designated SRA residential appraiser in Southern California. I am also an agent and now a developer. I am good at what I do- but you judge. I have put together projects in the past- ALL of which have been profitable and ALL of which paid the investors 100%. I am tired of putting projects together for others. I just formed my own company with an excellent builder. I put the projects together and he builds them. AT this time I have 2 projects nearing completion and they pay the investor 50% rate of return each. I have a big project that finished up in a few months and pays over 50% (14 month timespan). Why such a high return? Because I only need the seed money to be invested. I obtain commercial financing (hard money) for my projects but I need to have half the money for the land as seed money. Most deals are unsecured- in that the investor does not hold title. I am looking for a whale of an investor I can form a relationship with and run dead after deal for. I can create a project per week. I'm not kidding. I have one under contract right now which will pay an investor 25% rate of return in less than 1 year AND they can hold title (secured) because it's a land deal and no construction is being done so no subordination is required. I am simply taking 5 acres and cutting it up into 4 pieces and selling it off. I need an investor to work with. Please contact me and lets talk.
Post: Looking to network with investors- I have projects
- Murrieta, CA
- Posts 3
- Votes 1
I am an agent, appraiser, and builder. I am putting together a lot of projects- about 1 per week. I am looking to network with investors that like to pick up the funding of these projects. Is there a group I can join?