I am sitting on at least two profitable REO's with a possible 15% ROI in North SD area. Im looking for more cash buyers, urgently.

Asked by Steve Dewindt, El Cajon, CA Tue Sep 20, 2011

I am specialized in flips and looking to expand my investor base to buy more REO's. You can buy individually or I can partner you up. LLC set up, management and coordination, all will be taken care off. Average input $250K with the goal to turn around 2,3 times a year. sdewindt@gmail.com

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Steve Dewindt, Agent, El Cajon, CA
Wed Sep 21, 2011
John, the 15% refers to a minimum, which results in 30, maybe 45% if we can turn the same investment 2-3 times on a yearly basis. If you promise more....I want to see it happen when buying in the 200-250K range.
Working with a fund an providing 20% yearly return makes a lot of people happy from my experience. That's what I sell, always open to discover what you can offer.
0 votes
John Souerbry, Agent, Fairfield, CA
Tue Sep 20, 2011
15% ROI is wayyyyyy too low for a flip, especially in a soft market like north SD County. Can you provide more information that justifies investing in such a low ROI? I'm a 25 year resident of Del Mar and the surrounding area prior to going north 4 years ago. Have several properties in the area, would add more if there are real deals.
0 votes
Jillian Lopez, , San Diego, CA
Tue Sep 20, 2011
Nice, I will keep my ever open!!
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