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.

New to this site?

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

Completely Rehabbed For $.55 on the Dollar!

Anyone need ca$h-flow? This 3 bedroom home will rent for $450 to $600. It is completely remodelled and available at a true wholesale bargain price

One of our favourite exits strategies: Buy for cash, turn around and sell to a “C-credit” buyer for full value. Collect mortgage payments at a super high interest rate for a year and help them refinance out of it. Cash is king in this market, and motivated buyers who can afford the house are waiting in line - if there only was a bank that would have any money left to lend

Beautiful newly, renovated home is located in a family friendly neighborhood. The large, luxurious living room offers recess lighting, and hardwood laminate flooring. Huge updated kitchen. Luxury style bathroom with Jacuzzi tub, porcelain floors, and pedestal sink.

The house is equipped with a laundry room with washer and dryer hookups for your added convenience. Large back yard with wood security fence that’s ideal for pets, children’s play and family gatherings. Close to schools, churches, parks, and area shopping. All this makes this a great rental, or owner financed home.

Liberty St, Jackson, MS 39213 (map)
3 bedrooms, 1 bath, 1,056 sf

Read the rest of this entry »

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

Spacious 3 bedroom Home - Great Investment Or Fix-And-Flip

This home fell out of escorw and the bank is ready to “dump” it…

Watch this short movie to walk you through this great first-time buyer or investment home in South Central Los Angeles. Looking at them will give you a pretty good idea of what it needs. This home needs only very minor cosmetics! - Already has new carpet and updated windows. Some minor cleanup and paint gets thsi rent ready.

Watch the Walk-Through Video here:

E 98th St
Los Angeles, CA 90002
3 bedrooms, 1 bath, 1325 Square feet

ARV: $297,000

Our cash price: Only $179,900 (includes assignments)
Repairs: $10,000 (finish interior paint, minor repairs, wall heater, appliances, has new carpet and windows already)

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 »

Banks are more and more controlling the foreclosure real estate market by slashing prices to move their inventory. According to Dataquick (http://dsnews.com), over 43% of all Southern California home sales were “foreclosure resale” transactions:

“Foreclosure resales continue to be a dominant factor in today’s Southern California market, accounting for 43.6 percent of all resales. That was up from a revised 41.8 percent in June, and up from 7.9 percent in July 2007. Foreclosure resales — where a foreclosure had occurred at some point in the prior 12 months — ranged from 22.2 percent of all resales in Orange County last month to 64.4 percent in Riverside County.”

These “foreclosure resale” transactions are considered distressed sales, and if you see an over-proportionate amount of them in a certain area, it drags down the “median home price” and the “comps” below “fair market value”. If you can purchase a bargain property AT or even BELOW these price levels, you’re getting an excellent deal!

We’ve seen deals from our bank-owned sources that you could get for 30-50% BELOW “foreclosure resale” comps (click here for a sample)! Some of these properties are still available, even in the San Fernando Valley.

Subscribe to our Hot Deal Updates to receive these bargain properties as soon as they become available!

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 »

New to this site?

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

Invest in Kentucky!

If you’re looking to diversify your investment portfolio, this is a great bargain on a rental home with equity or fix-and-flip.

That’s where this property comes in. It’s a solid rental house that needs a little bit of work to make ready and hand it off to your property manager…

Or sell it to a first-time buyer. We can help you with any repair and management if you’re out of the area.

105 Maple Ln, Elizabethtown, KY 42701 (map)
3 bedroom, 2 baths, 1200 sf

Read the rest of this entry »

==> If you’re new to our site, sign up for the hottest deals directly to your inbox ==>

More, Better Deals From the Banks

Here is yet another deal that could be a perfect addition to your rental portfolio, or fix it and flip it to a first-time or move-up buyer.

This 3 bedroom, 2 bath home of 1,444 sf is in a good and established neighborhood in Whittier, CA. When you check the sold comps, you will notice that most of them are NOT “foreclosure resales”!

What does that mean? I’m so glad you asked! It means that this area is more stable and not dominated by banks slashing prices on foreclosures.

Let me add to that argument. What about the foreclosure pipeline? How many homes are going into foreclosure in this neighborhood? - You may be surprised: Over the past months new filings of NOD are up to about 4 times the level of 2006.

BUT - in 2006 there were only about 2 new NOD filings per month in the 90606 zip code. So, 4 times that is only 6 to 8 per month right now. Not really a big deal - that’s why it’s called an “established neighborhood” that looks like it will hold on to its value a bit better.

BTW: If you want to take a look at all active foreclosures in the area for yourself, just scroll down to the bottom of this article, and click the link to Free Foreclosure Search…

OK, here is a picture:

Halray Ave, Whittier, CA 90606
3 bedrooms, 2 baths, 1,444 sf 5,600 sf lot

I will post more pictures and a repair estimate later today.

Let’s run some numbers:

ARV (sold comps): $389,000
Assessed value: $581,000
Last sale: $500,000 (8/05)

Our price: $249,000 (64% of ARV, $75,000 below listing)

Act now, this one will be gone very quickly!

Email: tom.b@CaWholesaleDeals.com

Free Foreclosure Search - Click here!

Best Value in small REO package

Currently available a small group of bank owned homes at a huge discount for cash or hard money buyer.

The package consists of 4 SIngle Family Homes that need minor cosmetic repairs (typically carpet, paint, light fixtures, landscaping). These homes make great rentals or flips to first-time buyers.

Here are the properties:

Read the rest of this entry »

Just picture the increase in affordability - or the additional cash flow…

This is another amazing wholesale deal on a bank-owned property that’s ready to go.

Mace Pl, Los Angeles, CA 90001 (click to see zillow.com - estimate at $268,000)

2 Bedrooms, 1 Bath, 720 sf - a cute little rental or resale to first-time buyer…

Discounted properties (distressed/bank-owned and probate) are SOLD at $185,000 to $199,000 (recent sold comps).

The lowest active listing of an REO property in bad condition is currently $199,000.

Our price: Only $137,000 (includes our assignment fee)

Needs to close quickly. Get your assignment deposit in ASAP to snap up this great deal!

626-232-6773