CA Wholesale Blog

Fantastic Handyman Opportunity

When was the last time you’ve seen a true wholesale priced deal that had super-cheap financing already in place? Well, here is one of these rare chances…

Saint Charles Ln
Saint Ann, MO 63074

Centrally located in this desirable suburb of St Louis, MO, this home boasts 3 bedrooms and 2 baths on 1477 sf of living space. The ARV on Cyberhomes.com and zillow.com is around $110,000 ($108,000 on zillow, $113,000 on cyberhomes, with a range of $102,000 - $130,000)

Owner Financing

The financing requires a $500 monthly payment, with $250 “rent credit”. That’s a super low holding cost of only $250 per month for rehab.

This is your opportunity to snatch this deal for only $63,000 with only $3,000 down (assignment fee).

Reserve this great property no. Use the PayPal button below to make a deposit to hold of $1,000. The balance ($2,000) is due within 7 days. Sale is “as-is”. Do your due diligence before making a payment.

==> Register for email updates on the hottest bargain deals! ==>

Nice Compton Home - Fix-And-Flip Or Hold…

The bank’s had enough of the credit crunch…

Watch this short movie to walk you through this great first-time buyer or investment home in Compton. It needs minor cosmetics, and there are several creative additions. One of the bathrooms seems to have been added (probably unpermitted), and there is an extra “bedroom” with private access that was created from a covered porch. Don’t miss the “outhouse”!

Watch the Walk-Through Video here:

E El Segundo Blvd
Compton, CA 90222
3 bedrooms, 1 bath, 956 Square feet (Actual: 3 bed, 2 bath - plus the “outhouse”)

ARV: $237,000
Sold comps in the area are almost exclusively “foreclosure resale” transactions. By and large these are bank owned properties in bad shape. The key to prosperous investing in this market is to rehab a good product and sell it at an affordable price that allows for a reasonable profit. - Or hold on to it and rent it out for the big payday and wealth building strategy.

Our cash price: Only $109,900 (includes assignments)
Repairs: $16,500 (paint, carpet, minor repairs, cleanup, appliances)

Call now to lock in this great property: 626-921-5881

==> Register for email updates on the hottest bargain deals! ==>

Large 2-story, 4 bedroom, 3 baths - Great Investment

We’ve put two short movies together to walk you through this great 2-story home in SOuth Central Los Angeles. Looking at them will give you a pretty good idea of what it needs. It was built in 1997, so you know it has “good bones” even though the cosmetics needed are making it look ugly now. But hey, that’s what you need to buy to make money in this market, and this one has great potential!

Read the rest of this entry »

New to this site?

==> Register for email updates on the hottest bargain deals! ==>

Another Great Investment Home: Buy-And-Hold…

Established neighborhoods close to centers of business in safe areas.

That’s the ticket to successful buy-and-hold investing in this market! This is another solid rental home in a nice and established neighborhood that needs a little TLC to make ready and move in your tenant (BTW: We have a bunch of lease/options buyers in that area ready to go!)

Or sell it outright to a first-time buyer.

Hambledon Ave, La Puente, CA 91744
3 bedrooms, 2 baths, 1,152 sf 6,100 sf lot

Read the rest of this entry »

Large 2-story, 4 bedroom, 3 baths - Great Investment

Look at the movie to walk you through this home. It needs major cleanup, but it was built in 1997 and has great potential!

Watch Part 1 - The Main House (scroll down for Part 2!):

E 110th St
Los Angeles, CA 90059

Assessed value: $419,000
Last sold: $450,000 (11/17/06)

Our cash price: Only $169,000 (includes assignments)
Repairs: $25,000
Quick sale value in good condition: $298,000 (there have been several recent sales near $400,000)

Email now to lock in this great property: tom.b@CaWholesaleDeals.com

Part 2 : Back lot and Units:

Large 4-Bedroom, Great Value

====> Sign up to get on our FREE wholesale list to receive deals like this FIRST ===>

Dalton Ave, Los Angeles, CA 90062
4 bedroom, 2 bath 2058 square feet
The lot is zoned R2 and 5240 sf with alley access.

Sold Comps:

1415 W 55th St (3+2, 1612 sf) - $490,000 - 7/21/08
5158 S St Andrews Pl (3+2, 1805 sf) - $360,000 - 6/26/08
1316 W 52nd St (4+2, 1736 sf) - $500,000 - 2/14/08

(These comps are not “cherry picked”. hey are the only comps available within .5-mile radius and +/-25% of the size of the home.)

This property is currently the lowest listing in the area at $335,000.

Our price: $297,000

This will not last at this price. The market is HOT - proeprties that are priced right are getting multiple offers, so don’t miss out!

email: tom.b@CaWholesaleDeals.com

or call: 626-921-5881 

Stewart St, Baldwin Park, CA 91706

2 Bedroom, 1 bath house 800 sf

Needs very little work; almost all upgraded, just some fixes and repairs

Great buy-and-hold rental; recent sold comps around $300,000

Our price: $197,000

Email for full address: tom.b@CaWholesaleDeals.com

====> Sign up to get on our FREE wholesale list to receive deals like this FIRST ===>

N San Antonio Ave, Pomona, CA 91767

This is a light fixer with 4 bedrooms and 2 baths on 1149 Square feet of living space.

Conservative resale value (ARV): $260,000

Appraised Value (for buy-and-hold): $325,000

Our price: $197,000

Repair estimate: $17,000

Email for full address: tom.b@CaWholesaleDeals.com

====> Sign up to get on our FREE wholesale list to receive deals like this FIRST ===>

More banks are feeling the pressure, and we have negotiated prices yet another $100,000 below recent “foreclosure resales”.

Speaking of “foreclosure resales”, did you know that the June sales statistics included 41% of foreclosure resale properties in Southern California (properties that were sold by banks or lenders after they had been foreclosed)?

That’s great, because it means two things:

1. Foreclosure inventory is starting to move because banks are pricing more aggressively;

2. Median home price data is dominated in some areas by discounted properties. So the steep drops are exaggerated leaving more opportunity to investors and buyers who understand that.

Anyway, back to our available deals. Four properties that are all cosmetic fixers. Some need very little repair. These are perfect to fix and keep as rentals in this market. They will cash flow AND appraise for a lot more than you’ve put in. So, refinancing will be an option for your buy-and-hold strategy.

Two properties are located in Pomona, CA in decent areas. One is a 4 bedroom(!), the other a 3 bedroom.

The third deal is located in Baldwin Park, CA. It’s a 2 bedroom, 1 bath house. Good condition, great keeper.

The fourth property is in Los Angeles, in a fairly decent neighborhood in South Central.

All properties are between 60% and 65% LTV and priced just under $200,000. Recent sold comps of mostly REO properties are in the $270,000 to $300,000 range. Appraised values after repairs will be in the range of $325,000 to $350,000 on these.

Please email me ASAP for details: tom.b@CaWholesaleDeals.com

If you’d like to take a breather…

…from California’s turbulence and volatility, why not make some money out of state?

In a nice and stable, bread-and-butter real estate environment like for example Kentucky?

We have a wholesale deal for you to buy-fix-rent or buy-fix-flip. - At about $.60 on the Dollar (including repairs!) you really can’t go wrong.

Plus, the price fits anyone’s budget! Call me ASAP to snatch this deal! 626-232-6773

First one to wire $5,000 deposit gets it…

2627 Portland Ave, Louisville, KY

2 bedroom, 1.5 bath Single Family Home
1045 Sq Ft, Built 1900.

Repairs Needed: new roof, paint, carpet, and some TLC minor updates throughtout;

Estimate: $11-13,000

Our price: $23,700 (includes assignment fee)

ARV $60-65,000 (58-62% LTV includes repairs)

Don’t worry if you’re out of the area! We have teams on the ground that can provide bona-fide contractor estimates, organize the repairs, get the place rented and/or sold, depending on your exit strategy.