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Sam

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About Sam

  • Rank
    Newbie
  • Birthday 10/30/1987

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  • Gender
    Male
  • Location
    Marietta, Ga
  • Interests
    I am a Real Estate Investor looking to partner up with other investors who have deals at discounted price in Atlanta, Georgia and surrounding area I might be interested in. Feel free to email me at any time.
  1. Hello there, I am personally looking for Mortgage notes secured by real estate. I am currently working with investors across the globe such as myself who need them right now. Referrals are welcome - compensation is given of course, so feel free to shoot me a message and remember NOTE HAS TO MAKE SENSE. Look forward to doing business.
  2. These are 2 single family homes located in Atlanta, Ga. 30315 3bed/1bath, fully rented for $750(possible $800) with strong lease, updated kitchens, baths and hardwood floors. Asking $60k for both Taxes- $600 Insurance- $1500 Both homes worth- 80-110k NO OWNER FINANCING. Need to sell in order to free up some cash and move onto other investment projects. *NOTE* Don't hesitate to inquire more about these properties or to suggest a reasonable offer (who knows an offer you might be thinking of may be a great offer to me).
  3. Just wanted to keep you posted on my progress. So far I have been working towards getting the funding to buy the property but since it was taking to long to go through, I decided to apply for a loan. I did a prequal but couldn't get the loan cause I have only been self employed for only a year, the requirement is 2yrs to show sufficient tax returns. I am still keeping my options open in coming up with ways to get the financing I need. I am open to any suggestions and do feel free to reply.
  4. Hello Andrew, Thanks again for your recent reply and I must say you do reply very well. I am still working towards getting funding for the Quad, I recently got in contact with a loan officer to pre-qualify me for an investor loan, I was hoping I get the funding so I won't have to result to getting a loan, but I am still keeping my options open. I am still awaiting a reply from the loan officer, I just want to see how much I could qualify for based on my credit score. If I could get better financing with another good credit score added, I will definitely let you know. An associate of mine says he's willing to make my down payment for me If he gets his deal to go through on a hotel he's trying to get. I just need to get this financing and present my offer to the bank, the Quad pays for itself so they would more than likely accept a reasonable offer. And I would definitely keep you posted on my progress. Sam
  5. Hello Andrew, Thank you for your recent post. let me begin by answering the question about the rate & term, Two of the tenants currently have a 1year lease and the 3rd just signed another lease, according to the rent history the tenants have been known to sign another lease. The rent/unit is $695+Deposit, and the monthly expense is $400- this is the money paid to the management company who takes care of the water/ garbage/ sewer. The owner cannot carry a note because she is upside down on the mortgage and it is under a short sale and the bank is willing to sell at a low price. Comps have sold btw $250,000 - $280,000 in the past 6-12months. The property is currently sold for $235,000, but my offer would be $150,000 based on the owners current situation and the fact that its in a short sale, but I need the funding to backup my offer. like I said I would refinance within a year or two since I would be buying the property with a substantial amount of equity. The Management company is currently looking for a 4th tenant, if it is occupied before then I probably won't need to move so as to contribute to the NOI. One more thing, I would also like to know if you have invested in deals in the past and currently active in doing so. I hope I have answered most or all of your question, Feel free to reply me at any time and I respond very quickly.
  6. Property Type : 2 - 4 Units City : Marietta State : Georgia Zip Code : 30008 County : Cobb Property Description: GREAT INVESTMENT PROPERTY 75% 0CCUPIED, PLAN ON LIVING IN THE 4TH ONE. ITS A 2BED 2.5BATH UNIT. Net Operating Income - $17540.28 Square Footage : 4768 Lot Attributes : Flat Number Of Units : 4 Over All Property Condition : Excellent Investment Type : Silent Partner - Rate & Term Investment Amount Needed: $150,000 Surrounding Neighborhood: CLOSE TO HISTORIC MARIETTA SQUARE PUBLIC TRANSPORTATION SHOPPING, RESTAURANTS AND SCHOOL DISTRICT. I NEED TO GET FUNDING WITH A NEGOTIABLE RATE AND TERM AND BUY THE PROPERTY AT A DISCOUNT. I WOULD THEN REFINANCE AFTER A YEAR AND PAY THE INVESTOR OFF WITH A SUBSTANTIAL GAIN. HE/SHE WOULD MAKE MONEY FROM THE INCOME GENERATED IN THE PROPERTY.
  7. No, I am an Independent investor in the Atlanta & Metro Atlanta area, helping a friend who happens to be a builder & owner of the home find investors who might be interested in his property, He built three houses in 2006, recently sold two and trying to sell the last one. If you are interested let me know.
  8. Great Luxury Homes up for sale for $2.7 million by a builder which was built in 2006, has 6 beds, 7 full baths, 2 half baths with 10,000 sq/ft. Currently appraised for $4.9 million. Open to serious buyers. Home is surrounded by other luxury homes owned by Music Entertainers & NBA stars Home is located in Atlanta, Ga
  9. Wholesale Deal Project Type: Single Family Residence Investment Type: Wholesale Property Property Condition: Minor Cosmetic City: Austell State: GA. Square Feet: 1,373 sq. ft. Lot Size: 17,424 sq. ft Purchase Price: $58,000 Property Description: 3Bed/ 2Bath home, ARV $109,000. Good Investment property for flippers. EXCELLENT CORNER LOT, NEW SIDING , NEW ROOF, NEW CENTRAL-AIR, NEW WINDOWS, AND NEW BATH FIXTURES. JUST NEEDS PAINT AND CARPET AND SOME DOMESTIC WORK. GREAT LOCATION IN COBB CLOSE TO SOUTH COBB HIGH Email for pictures or call me if interested Sam (404) 242-4746 samuelnweke@gmail.com
  10. I just found a great deal on a 5bd 3ba Brick Ranch home in Marietta, Ga. ARV - $164,000-$196,500 Repairs - $5,000 asking price - $100,000 will assign the deal for $6,000 specifications -5bd, 3ba -living area- 1723sqft -built in 1966 0bviously has a good substantial amount of equity. Call or email me if this is the kind of deal you are looking for. Sam (404) 242-4746
  11. I am an Investor in the metro Atlanta region and I always come across good deals, but don't have have funding to move forward with them, I just found a good rental Investment Property that is for sale and I need $110,000 to finance this deal. There is a tenant ready to move in as soon as I can get financing on the property. I have placed a couple of ads for other investor and anyone looking to make a good return on their investment, but haven't found one yet. My initial intention on this property was to assign the deal, but it was to good of an investment property to pass up. I am looking to partner up with any financial investor to get this deal to go through. I live and invest in Marietta, Ga and If you are a good candidate to work with give me a call or send me an e-mail. Sam (404) 242-4746 samuelnweke@gmail.com
  12. I have a property under contract for $129,000 Assignment fee is $5,000 After Repaired Value: $150,000 to $160,000 Comps in the area are selling from $150,000 to $169,000 Approximate repair cost: $3000 to $5000 The house is located in Mableton, Ga 30126 and the property is in a great move-in condition, but needs minor repairs. The seller says if he keeps on making the repairs himself, he will increase the price, so he needs a rehabber to do all the work and get some equity on the house. I have also talked to other investors about the deal so if you are interested let me know as soon as possible. If you have any questions or need more details about the house contact me by my e-mail samuelnweke@gmail.com
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