Want to Build 4 homes or 8 apartment units in Central Los Angeles?


Zoned R3 near Korea town, and the Miracle Mile area.

A similar project 2 doors down, the developer is building 4 single-family homes.

There is an existing home there – 3/3 with 2816 SF. the lot is 6632 SF.

The comparable property is 421 S Wilton, that purchase price was $1.45M back in April 2016.

The purchase price is $1.490m

Proforma: Potential to earn $6M from retail sales of 4 single-family homes.

Cost to build estimate: $2.5M

Access is by appt. only.

Contact me for address

Developer Special Highland Park Opportunity.



Zoned RD 1.5Build Up To Five Units

In the Heart of North East Los Angeles!

340 N. Ave 51 Los Angeles, CA 90042

This is a nice opportunity to develop a large lot in Northeast Los Angeles (NELA).

This is a hot area, with a large amount of development going on by investors and builders.

It will be delivered vacant, which is always our first concern.

There is value in this project, whichever strategy you initiate.
We have been told that you can build up to five (!) units on this large lot, but do you own due diligence with the city. 

Take a look at the numbers:
– existing single-family home, 3 beds and 1 bath, is 1314 sf
– great lot size! 8242 sf
Delivered vacant!
– closing date is August 30
– EMD is $10,000
– Purchase Price is $765,000

Contact me Today before it’s Gone.

Hollywood Hills SFR Rehab, Nice Canyon Views – Wholesale Priced for Experienced Flipper


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We currently have this tied up and ready to wholesale to an end buyer.
The buyer would need to replace our $15,000 EMD ASAP. They need to close by end of month.

We’ve walked this property and I can introduce the buyer to the President of the Laurel Canyon Association – this will help the overall process. He is also a land-use attorney specializing in permitting.

The property has some issues and has been condemned by the City. The buyer would have to assume this responsibility.

8351 Kirkwood Dr. Los Angeles CA 90046

Tear down- Single Family Residence
Sunset Strip – Hollywood Hills West
Built 1927
2/1 – 1358 Sq Ft

Redevelop as 3/3

Rehab $200k
Asking $625k
EMD $15k
Comps $1.2m

Will need complete rehab and retaining wall, and create an access point such as a driveway…

Review the numbers, it’s vacant, I’ll give you the lockbox, and go direct.

Greg@FixandFlippers.com

858-386-0949

 

Last Call For California Private Money Loan Requests


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This is my favorite time of year!

Not only is it a time for family, gathering, spending time, eating good food and all that, but it’s also the end of the year financially.

Between now and the middle of January, it always seems to be a frenzy.. everyone starts rushing to find and acquire the best and last investment flip projects for this year.

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I notice the lenders also need to move their funds around to achieve their goals.

Great news for operators who desire to land crucial financing at the most clutch time of year..I have identified a circle of competitive lenders who desire to make loans for:

  • Fix and Flips Projects
  • Ground-up Construction
  • Joint-Ventures – 50/50 splits (lender brings acquisition+rehab+carry costs) Lender will ask you bring in the points (3-4 pts.)
  • Earnest Money loans (costs $1500)
  • 2nd Trust Deeds
  • Gap Funding
  • Multi-Family Development Or Construction
  • Lot/Vacant Land Loans
  • Large Luxury Projects (Residential/Commercial) $5M+
  • Commercial Acquisition (CA Only)
  • Leverage through Cross-Collateralization of existing assets, allowing you to purchase an additional property.
  • Rehab funders (Home-Owners who wants to take 2nd or Refi existing 1st to free up funds using equity in property
  • Bail-outs, Fire-Sales, Quick Bridge Loans
  • Transactional Funding (You must have the end buyer lined up prior to application)

Most people call me to ask what the terms of the loans will be, but unlike a bank or a single lender institution, there is no “box” that you must fit into..

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I can introduce you to multiple lenders who would have interest in funding your loan, in this way you can choose the lender that you feel the most comfortable with.

One thing I’ve learned in business is that: we are business owners for a reason, we want to choose our business partners, and life is too short to deal with people who are difficult or unpleasant.

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I actually get approached by lenders wanting to connect with my investor clients, and I determine if I’d work with them personally, if not, they get no love.

Most important thing to remember – Not all lenders are created equal. They may not have your best interest at heart while some can be extremely predatory..and will give you a loan with the plan to obtain the property after you fail at any point.

The lenders I work with have about $30M-$50M to make loans.

To get started: 

  • Have a deal ready to go, either a purchase with accepted contract, or refinance with equity
  • Send me a scenario
  • Lets get on the phone to discuss the scenario
  • Complete and return an application
  • After I understand the loan request, I’ll contact the check-writers and get the loan offers within 24-48 hrs.
  • I’ll contact you and introduce you to the lender with the offer that you like most.
  • After a verbal conversation, usually a site visit occurs, sometimes appraisal isn’t always needed. Some loans are even non-recourse.
  • Closing takes place typically within 14-21 days. Rinse and Repeat.

Contact Me Today to Get Your Loan Funded!

$150K Reduction! Want to sell Marina Del Rey Oceanfront Condo Wholesale Deal


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1 Ironsides St. #11
Marina Del Rey, CA
Contract Price $1.5M +$10k Assignment Fee
Looking for someone to contribute $100K, pay my fee & buy the property cash with quick close!
Luxury Upgrades – $100k
ARV – $1.9M
 Just buy the project from him and he’ll move on to other projects that he owns. He needs this off the books, so this is the last effort. If interested, we can get you inside and I’ll introduce you to him.
I also have a rehab bid for you to review.
This is READY to GO!

Comments from Seller: Square feet is 1266 x$1857–based on the first comp–possible sales price would be $2,350,962—-So since the whole building has been redone…new plumbing, windows, garage doors,  combined with the luxury upgrades to follow + partial view of the ocean– $2.0M is a reasonable resale value.

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Contact Me if  Interested.