Developer Special on Large Los Angeles Lot


Large R3 Property in L.A. County Area!

$17K PRICE REDUCTION!

Take a second look at this great L.A. County property now that we’ve negotiated a nice price reduction. 

It’s a single-family home on a 9200+ sf lot, perfect for building multiple units. There are apartments and other multi-family properties on the same block, and this property is primed for development!


Here are the details: 
Existing single family home is 3+2- 1306 square feet

Lot size 9233 sf

EMD is $10,000

Closing date is July 23

Strategy is to build multiple units and hold for income or sell once built and/or occupied

Purchase Price is now just $475,000

*ACCESS IS BY APPOINTMENT ONLY* 

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Duplex near USC available! Investor Special.


510 E. 48th Street Los Angeles, CA 90011


Here’s a duplex in L.A. near USC! The property is zoned LAR2, and is currently rented at below market rents, which is one reason we obtained the large discount from list price.  The tenants can be relocated with the proper allowance, so take that into account when doing the math.

It’s a very nice street on the north end of South L.A., and has potential to be a great long-term income property once fixed and rented.


Here are the details: 
– existing two units 1/1 up and 2/1 down- 2168 square feet- lot size 5480 sf- EMD is $10,000- closing date is July 23- tenants paying just $500 each ($1000 total)


– Purchase Price is $450,000 (it’s currently listed for $510,000)-

Remodel cost guesstimate $80,000-ARV around $630,000

El Monte Wholesale Flip


Vacant, Short-Sale, Fixer

  • Main House is 3/3 – Garage was converted into a 1/1 with a Kitchenette (May not legal, although it is very nice)
  • There is a separate 1/1 attached to the main house (This one is not legal)
  • Total SF is 1,580 plus the Garage 

– EMD is $10,000- Closing date is FIRM for June 10 

– Purchase Price is $475,000

 – Repairs $35,000-$40,000

ARV $615,000-$625,000

Contact me ASAP with Proof of Funds if serious. Principals only please.

Direct Contact: Ph. 858-386-0949 Greg@FixandFlippers.com

Maximizing Your Investment: Ideal Renovations for an Older Home


Courtesy of Pixabay.com.

When it comes to renovating an old house, it’s all about return on investment (ROI). Jumping into a costly remodel that does little to add value represents a significant financial loss, so it’s important to make smart, well-informed decisions about how much renovations cost and where to focus your efforts. Buying an old house is always a gamble and it’s usually a huge, long-term investment, so it’s essential you know where to renovate to do the most good. According to an article in Remodeling Magazine, the average remodeling job recovers under two-thirds of its cost at the time of sale. Fortunately, there’s a handful of renovation projects that are normally quite reliable when it comes to ROI.

Reinsulate

Many old houses suffer from a lack of insulation, which results in extremely high-energy costs. Adding or replacing insulation may not be the sexiest of renovations, but it makes a great deal of sense from a savings standpoint. Check the insulation in the attic, which should have a minimum of 8 inches of cellulose or 11 inches of fiberglass insulation. If not, or if what you find is dirty, it probably means it’s reached the end of its effectiveness and needs replacing. The average cost of re-insulating an attic is around $1,300, but the energy savings will be significantly higher, making this one of the best remodeling projects for an older home.

Window replacement

Replacing old, drafty windows has a doubly positive impact. Not only does it upgrade a significant aesthetic feature, it’ll save money if you replace the old ones with Energy Star-approved and certified windows. New, energy-efficient windows can save you as much $465 a year in heating costs, and will recoup your investment in about 5 years. However, be aware that a full window replacement project is often unnecessary, even if your pro recommends it; focus instead on window frames showing signs of age, including rotting wood and excessive window condensation.

New flooring

Hardwood flooring lends an air of elegance and refinement to any home, particularly an older house with an overall vintage look. Many homeowners assume that it will be too expensive and too difficult to maintain, but hardwood lasts considerably longer than carpeting, which wears out after about 10 years. It’s not unusual for hardwood flooring to last for decades if it’s well taken care of. Applying a protective coating every 5 years or so will add considerably to the lifespan of hardwood, which should only need to be sanded and refinished about every 10 years.

Lawn appeal

Home renovating doesn’t always have to be an indoor activity. You can also enhance your home’s look by beautifying your landscaping. There’s nothing quite like the green glow of an attractive stand of grass, which you can achieve with regular applications of fertilizer and weed control. Why not add a few design elements, like decorative flagstones or a brick-lined walkway? Brick adds an appealing touch of color set against the green of your lawn. If you’re into gardening, think about adding a flower bed lined with railroad timbers, an appealingly rustic aesthetic element. Add a fresh layer of mulch around trees and shrubs, and you’ve got a colorful lawn that’ll turn heads and add to the visual appeal and value of your home. If you need some help with your outdoor beautification projects, lawn and landscaping service prices vary greatly depending on what you’d like to have done; you can expect to pay around $320 for a minor project that doesn’t include a lot of labor or materials, meaning you’ll see a significant ROI for giving your yard a little TLC.

Renovating an older home can be a tricky proposition if there’s lots of expensive antiques and furniture in the way. To avoid doing damage, look into renting a temporary storage space to preserve them while you’re kicking up dirt and dust remodeling. Shop around for the best deals; for instance, CubeSmart Self Storage in Orlando is currently reducing storage fees by 50 percent for the first month.

A house, particularly an old one, is more than a home; it’s a major business investment. Choosing renovation projects that earn you a high return on investment is important for turning an old house into a highly profitable asset. 

Guest Post by: Seth Murphy – Papadiy.com

Contact him: seth@papadiy.com

For more info about home renovations, please leave your info below.

Spring Loan Programs for Investors


Nationwide Fix and Flip Funding Programs:

NO CREDIT REPORT

NO BACKGROUND CHECK/UPPER COURT SEARCH

NO APPRAISAL

CLOSE IN 5 DAYS

ONLY PAY INTEREST ON OUTSTANDING BALANCE


LOWER RATES and MAXIMUM LEVERAGE to NEWBIES

Lender will fund up to 90% of purchase and 100% of rehab with no previous experience up to 75% ARV.

Below are the parameters for the financing program:
90% of Purchase
100% of Rehab
9-12% Interest
1-3 Points
12 month term
No PPP
Up to 75% ARV and 75% AIV
Min loan of $75,000 / Max loan of $5,000,000
Entity Borrowers Only
525 min Credit Score
NO HARD Credit Pull
NO Experience Required
Option for interest being charged only on funded balance
Option for NO PERSONAL GUARANTEE

East Coast Hard Money Loans

We fund 100% of construction and acquisition up to 65% of the ARV.  We can approve the same day and close in 24hrs. Normally we are about 1.167% per month for a 12 month note.  The money is 6 points at the table.  cash out refi investors and buy/hold/refi

Maryland, Philadelphia, PA, New Jersey, Virginia, Delaware, Washington, DC

Leave Your Loan Scenario Below

Off-Market Brentwood Development Deal with Approved Plans on Large Lot in Canyon.


This is a rare opportunity to build your custom Dream Smart Home in Brentwood.

DEVELOPMENT SUMMARY

RTI – Plans Approved and Ready to Break ground. New construction , Modern Cape Cod sitting on a ½ Acre, the 6,000 sq.ft. plans call for 5 beds and 7 baths, formal dining room, media room, open kitchen, bar, master suite with his & her walk in closets and much more. Choose to build with our company and earn a projected 40% ROI in 1 year.

Developer Special! Contact me if you want to check out the plans!

$2.2M Purchase Price

$1.8M Construction Cost

Lender ordered appraisal – ARV – $6.1M

Contact me direct – 323-632-3279 or inquire below.

Quick Business Funding (24-48 hrs)


Unsecured Business Bank Statement Program
– From $10,000 Up to $500,000 Unsecured in 1 Business Day! 
– Factor Rates from 1.15 to 1.499 
– Loan Terms up to 18 Months 
– No Red Tape Lending, very lite documentation requests! 

We offer lite documentation and no red tape, so this is quick money that can help with operating capital, repairs, purchases, or any other business need. We also offer $0 down equipment financing up to $250,000! 

$0 Down Equipment Leasing Program
– up to $250,000 
– No Appraisals required on new equipment 
– Purchase from any Vendor 
– Funds available next day
– Can include soft set up and installation costs! 
– Rates starting at 6.49%

If you would like to apply and see what we can get your business, please provide the following documentation: 

1. Completed Small Business Short Term Funding Application – Edward will send in an email to follow this one. 
2. ID 
3. 3 Months of Business Bank Statements 
4. Month to Date Business Bank Statement up to the day you Apply. 
5. Lease Agreement for the site, or mortgage statement. If the property is free and clear, please provide a letter of explanation. 
6. Signor’s Credit Report that shows all three credit scores. 
7. Business entity formation documents to include 
For Corporations / S Corporations:                      For LLC’s / LLPs         
A. Officer List                                                        A. Member List 
B. Bylaws                                                              B. Operating Agreement  
C. EIN #                                                                 C. EIN # 
D. Certificate of Good Standing or Business License  D.  
Certificate of Good Standing or Business License

Smart Home Lookbook 2019


Exciting New Beginnings

In 2019 Fix and Flippers will become Signature Smart Home Consulting, LLC. We are currently rebranding and positioning ourselves to become the authority on Smart Home Technologies and consulting luxury homeowners in California on the fast growing trend of smart technologies designed to create an unprecedented level of comfort, security & personalization in our homes like we’ve never experienced. 

The first of these Signature Smart homes is located in Malibu, California and will be one-of-a-kind. 

The goal is to duplicate and scale the hush-hush proprietary technology  and make available for developers and home builders in 2019-20 to be used in homes. 

We are currently purchasing an established construction company to increase our footprint and control the smart remodel process. We will be working with contractors who specialize in these technologies, as they are very cutting- edge and most contractors are not familiar..

We plan on fully documenting the rehab process and the special tech that we install in the home. 

We can also help investors and homeowners identify various forms of private capital to upgrade and remodel their homes, add value to the property, then refinance back into a low rate, long term mortgage.

For inquiries contact me below.

Off-Market Rent-to-Own Home for Sale.


owner-financing

4342855_DF70244B73EB9481A2CCA789B2EDF06C

The seller is offering exclusive owner financing terms on this single family home in Skyline Hills neighborhood. The home features 3 bedrooms and 1.5 baths. Built in 1962 with 1,169 square feet of living space.

7545 Gribble St. San Diego, CA 92114 

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The home has natural gas, public sewer & 2 car garage.

Down-payment with affordable payments with flexible terms.

Looking for a candidate with good to excellent credit &  solid income history.

Rent to Own Terms

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