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r0n161616

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About r0n161616

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  1. Note: Appraisal in hand for this property too.
  2. I have a house in Crestline, CA. It's for sale for $130K Fixed up value is $215K Pete4hreg@yahoo.com Anyone interested?
  3. Another crestline house for sale for $175K Market value is $260K (have appraisal in hand) Pete4hreg@yahoo.com Anyone interested?
  4. I'm curious to know A. how you found the property and B. what did you do with it? thanks. Pete
  5. Hi all.... I am selling a three unit building i own in the city of Los Angeles. I would like to sell it myself (i have a re license) but I would like to offer favorable terms instead of the buyer needing conventional bank financing. WMC mortgage has the 1st of $280,000 at 7.99% (payment on 1st is $2052 per month), the seller carried $80,000 at 8% (payment on 2nd is $533.33 per month) There are 2 one bedroom units which rent for $800 per month each and 1 two bedroom unit which rents for $1100 per month. The property has been taken down to the studs and is all new. New tile, carpet, drywall, textured paint, insulations, electrical, plumbing, septic, windows, doors, exterior stucco and paint, facia board, etc etc etc. ITS NEW lets just leave it at that. MY QUESTION IS: How do I provide the financing for the new buyer if I have all these other loans in place that I am obligated to pay? Can I sell the property to someone new without reporting it to my lender and the original seller carrying the second? I can receive the new payments from the new owner and pay off the 1st and 2nd and maybe keep the difference if there is any every month. At least that would be the plan. Please help me do my first sale with seller financing. THANKS A TON! PETE pete4hreg@yahoo.com I am asking $550,000 or best offer.
  6. THANK YOU SO MUCH FOR THE FRIENDLY ENCOURAGEMENT. IT IS MUCH APPRECIATED! PETE
  7. I am an investor in CA. I have units and sfr's but I am intrigued by lease purchasing. Any advice for a newbie L/P? thanks. Pete
  8. There is a 2 acre parcel zoned R-1 in the city of Lake Havasu, AZ for sale for $650,000. The view of the lake, city, and mountains is breath-taking. Does anyone know of a spec builder who might be interested. It is in the neighborhood of multi-million dollar homes. Utilities are at the lot, grading is done, just design and build your dream home. This is the best view lot in the entire city, trust me. Email me for pictures of the view. Pete pete4hreg@yahoo.com
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