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Tag: "Los Angeles"

Good to be back…

…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: foreclosure wholesale short sale bargainIt 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)…

Do you need cash for down payment or repairs?
Download your Free Report “The Truth About Credit” 

#3. Fixers: We have a great fixer-upper in Ontario. It’s a probate property that needs to be cleaned up etc. Our cash-price (one-week closing ONLY) is $149,000 (net).

Call my cell now: 626-232-6773

I’ll talk to you soon. – Have a great day!

Thomas Bartke 
http://CaWholesaleDeals.com 

P.S.: Join our new real estate community at
The Property Channel (ThePropertyChannel.tv)…

It’s free to join, share pictures, videos, listings, deals, and anything else that gets you excited about real estate!


May 2, 2008 | 0 comments | View Post

3 Wholesale Deals Available Now

…Thursday roundup of available, bottom line REO (bank owned) and FSBO property deals.We have two more accepted wholesale deals that are a great value for investor buyers.

#1: 114 E 99th St, Los Angeles, CA 90003

This is a 3 bedroom home in good condition. The bank dropped the asking price to $239,000. Non-distressed comps and active listings start in the mid $300k’s. Our price, including assignments: $224,700.00

#2: 763 W 97th St, Los Angeles, CA 90044; this is NOT bank owned. It’s a large 2 bedroom home (over 1500 sf) on a huge lot (10,000 sf!!!) It’s zoned for units, so you can add on now or later. Sold comps are around $450,000. We’re looking for $295,000 (negotiable for cash buyer…) – it’s in good condition.

#3: A very light fixer (needs only minor cosmetics) on 920 W 6th St in San Pedro, overlooking the harbor. Apparently it has 1100 sf (although only 792 on record – verify). It is zoned R2 with a large lot of 8100 sf!!! Needs only minor touch-ups. Was last sold for $560,000 in 2005. Your price, including assignments: $280,000.

Call my cell now: 626-232-6773

I’ll talk to you soon. – Have a great day!


April 24, 2008 | 0 comments | View Post

Available Wholesale Deal – Altadena Triplex

We’ve done it again! Super Triplex on 24,000 sf lot!

First the bad news: The interior needs some serious help (see slide show). But – you’ve got good bones to work with. The main house has lots of original details like hardwood floors, built-ins and a brick firecplace.

The exterior on the other hand – is in great shape. The main house has a newer roof, good paint, windows, foundation…


December 4, 2007 | 0 comments | View Post
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