San Francisco Bay Area Investor's - GREAT LEAD!!!

loandocs profile photo

I have talked with an owner who wants to sell his investment property ONLY because he's tired of making TWO MORTGAGE PAYMENTS.

The owner's open to a Lease Option. But the potential L/O Tenant I had lined up has just told me that someone whose opinion he really respects, has advised him not to go forward with the deal.

I do loans for a LIVING (Licensed) and I've seen this guy's credit and know that NO Conventional Lender will give this guy a loan without a substantial down payment.

So the fact that he could get into this property and possibly refinance into a loan within a year seemed like major leverage to me but...

So, if there are ANY investor's out there who has L/O Tenants already lined up and wants a property in Oakland, Ca. let me know.

Let's close this deal!!!

Comments(2)

  • agabovich14th January, 2004

    I would be interested, however I do not buy properties in Oakland.

    If you have leads on Peninsula or South Bay, please send me private message. I buy properties on lease/ option or cash. I pay generous referral fees and/ or percentage of profits.

    Sincerely,

    Alexander.

  • mkpa17th January, 2004

    To Loandoc's, In regards to your potential
    client that has bad credit. There is a program that will get him in the property
    with 0nly 10% down . Let me know if you want info. Mike

    PS. This is a great program!

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