Our firm works with institutional SFR buyers.
We work with all the big boy SFR players but have found a new type of institutional buyer.
This buyer will buy/fix/flip about 200/month. They have institutionalized the flipping process.
They proofed up to us quickly and have the capital.
The buyer will buy in the United States nationwide, but has principle interest in the larger areas. The buyer will actually buy in "any MSA". They even have houses in Alaska!
MSA is Metropolitan Statistical Area.
If you have any agent friends or wholesalers that may be interested, please forward this email.
In essence, the criteria they are looking for:
SFR detached only
3/2+
1978 or newer
Retail sales ARV between 150-650k.
Prefer to do their own rehab
Can be listed or off market SFR properties
No rural areas
This buyer will make overnight offers and have proofed up very quickly upon request to our firm.
ACP NCND is required by you.
https://www.dropbox.com/s/sn3h5j6n4zgf4zp/ACP%20NCND.rtf
Please email your signed agreement to participate on the training conference call.
glynn @ amcaplive.com
Want to up your income? Have listings or no listings? No problem!
The buyer will look at Fannie Mae and Freddie Mac houses and if you get the closing, you receive the buyers agent fee from Fannie/Freddie. If you’re the listing agent and the buyers agent on these, cha ching!
If it’s just a good deal, but not a Fannie/Freddie house, no problem.
So here's an overview recap:
* We'll teach you our buyers system to input the information. It takes me less than 30 mins to input a house into their system. A CMA, photos, rehab price estimate/guess, along with estimated end sales price they can sell it for quickly is the hardest thing needed.
* When offer is received from buyer, you prepare the offer to submit.
* Facilitate any closing paperwork.
Simple huh!?!
We will hold a training conference call on Friday June 20th to walk through the property submission process.
To your success,
R. Glynn Williford
American Capital Partners
731-616-5000 cell
731-574-1800 ofc
731-574-1107 conference line 7411 pin
glynn@amcaplive.com
Replies
Hi Glynn
Will you have another training ? I missed June 20th and I am interested.
Please send me an email. taghomes04@yahoo.com
sincerely
taghi shoaei
When is the next conference ?
Phyllisperdomo1@gmail.com
Hi Glynn,
If you're looking for an Expert in the San Francisco bay area, let me know. I've submitted the NCND to your email address. I'm a registered HUD & Fanniemae Homepath seller, and currently managing a rehab project in San Francisco.
Thanks
-Kennard
OK - Now it's June 27th - a week after the conference. Anyone care to reveal how to get rich with these people?
Or, is it just another get rich quick scheme?. If I'm asked once, I'm asked a million times to join this or that RE Webinar. I don't pay to work or to learn how to work. Keep your money in your pocket...
Hey guys, thanks for the input. We need agents and brokers to supply inventory to my buyer. You make 1% of purchase price paid by our company.
Since last Friday, one agent, in the Mid Atlantic area has submitted about 30 properties. He gotten about 20 offers. Let's say half of those close. That's about a cool $10k in fees his way that he will earn.
Any more questions? :)
If you'd like to participate, feel free (as per the posting) to email direct to glynn@amcapemail.com .
Hi Glynn
I am in Jacksonville Florida and would like participate in your program.
taghomes04@yahoo.com
sincerely
taghi shoaei
I just received this in my email today.
Is there another conference being set up?
Dear Glynn, Still need an expert in South Florida ?
Steve Moller, Realtor
Vanderbilt Realtors
The Shoppes At Vanderbilt
Naples, FL 34109
www.buysellhomesnaplesfl.com
northeastern1@comcast.net
239-591-4663
my email address is manujakhar@hotmail.com.
I am interested too.
Thanks
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