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Fontana Beauty!

Perfect for value-concsious end-buyer. This move-in ready 3-bedroom home in Fontana fits the bill for value-driven first time buyers as well as landlords.

It’s a solid rental home in a nice and established neighborhood that needs very little cosmetic touches to make ready and move in your tenant (or yourself!)

Or sell it outright to a first-time buyer.

Paine St, Fontana, CA 92336
3 bedrooms, 2 baths, 1,674 sf 9,380 sf lot

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Benefit From Our Volume - And Get Your Wholesale Properties Cheaper…

If you have been trying to find a good source for wholesale deals in California, you may have joined “wholesale web sites” that publish listings of foreclosure or rehab properties for sale.

Well, after paying the sometimes hefty monthly fee (I’ve seen up to $99!) you may have noticed that some of these so called “wholesale deals” have only a marginal equity position. I’ve seen advertised “equity” of $25,000 on a $700,000 property!

Guys, I’m not here to bash the “competition”, but that deal is about as bad as a seller calling you because he wants to save the commission and get more money than listing it with a realtor…

OK, long story short:

Here is a deal that I’ve seen advertised for $145,000 before. Well, our price is only $129,000. That’s a whopping $16,000 off that you can use to rehab the place instead. ARV is $215,000 to $230,000. This deal can be financed!

Call for details: 626-232-6773

Wow, what a great REO opportunity!

This gorgeous home was built in 2007 and sold new for $680,000… It was purchased as an investment and occupied by a Lease/Option tenant. Fast forward only 15 months later: The tenant is still living in the home, but now the bank owns the property. After taking it back at the reduced opening bid of $441,600 we have negotiated with the bank.

The result: They will take $350,000 or even less than that if a qualified buyer or cash buyer can close quickly!

And the best part: The lease/option tenant still loves the house and would be happy to stay at $2,900/month or even more! Absolutely no repairs, huge equity position, cash out with the L/O buyer once the market recovers. This is a no-brainer deal for cash or credit investors! Let’s do it!

Email tom.b@CaWholesaleDeals.com or call 626-232-6773 for details!

Search here for more Foreclosure Bargains in Your Area - it’s FREE!

…it’s good to be back in our home (and my home office…), after being evacuated due to the fires near Sierra Madre and Arcadia! (Tanker Drop)

I have a few things to catch up on AND also wanted to let you know about several new wholesale deals in our pipeline.

#1. REO Deals: As you know by now, these are usually extremely good deals that don’t last (sometimes not even long enough to upload pictures to the web site…) Currently we have pre-negotiated deals availale on 99th St, 100th St, and two duplexes on 112th St. They are all EXTREMELY cheap, and our mark-up is very small because we’re focussing on volume. So there is a lot of money to be made - left on the table for YOU!

#2. Short Sales: We’re seeing some great deals coming through right now. A nice, newer home in Fontana, North of the 210, that was last sold for $465,000: It appraises now for $350,000. It’s available for owner occupied buyers or landlord investors for only $249,000 (net). Financing and down payment assistance are available.I also have an in-road to a Quadruplex in Long Beach. It is rented for $4,400/mo. The bank wants $510,000 (plus fees, commissions and assignment). A great multi-family deal to buy-and-hold, if that’s what you’re looking to do. The previous investor paid $735,000 for it (oops)…

Well, sometimes persistence really pays off…

Here is a property that has now turned into a perfect investment property.

Why is that? Because it is now rented and occupied - for $1,100 a month!!!

When I tell you that this is located in California, you would probably expect an asking price of around $210,000 or more… maybe $185,000 if you get a really good deal, right?

Guess again, while I give you the details: 

Front view.. (sorry no more pictures right now.)

This is a nice 2 bedroom, 1 bath home of almost 1,000 sf living space.

It’s located on a 15,000+ sf lot in a good area of Victorville.
The address is 14261 City View Ct, Victorville, CA 92395

The property has been appraised in December 2007 for $215,000.
It is tenant occupied and does not need any work.

Our contract price is $120,000 plus $5,000 assignment fee
(buyer to pay all closing costs).

Cash buyer preferred!

Call my office immediately to lock in this great investment property:

626-921-5882 - Talk to Sandra…