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#331266 - 03/16/10 12:22 AM Looking for income property
Lending Bee Offline
Member

Registered: 06/22/08
Posts: 13
Loc: Los Angeles, CA
Hi all,

Sorry for post in this section, but I know some lenders might have disstressed assets in here.

I am looking for income property for my client in Southern California. Looking for up to $20 million or more with assumable financing. Client has $10mil. in cash. Following are some bullet points:

1. Need low maintenance property - preferably a neighborhood plaza.
2. CAP rate of 9.0% or more
3. Looking to buy from principals or listing agents only. I am a broker licensed by DRE.

I did a search on Loopnet, but i might have missed something.

Thank you,


Boris Dorfman

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#331417 - 03/17/10 11:18 AM Re: Looking for income property [Re: Lending Bee]
Steve Howe Offline
Member

Registered: 12/27/08
Posts: 173
Loc: Minneapolis, MN
You probably shouldn't broadcast your buyer's financial positions so blatantly. Just sayin'
_________________________
Steve Howe - REALTOR - RE/MAX Advantage Plus
MN First Time Home Buyers Programs - Blog for First Time Home Buyers
First Time Home Buyer Class - Get the Facts Before You Buy
SteveH [at] MNRealEstateTeam [dot] com

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#331443 - 03/17/10 02:39 PM Re: Looking for income property [Re: Steve Howe]
FSBO Offline
Member

Registered: 12/11/08
Posts: 322
Loc: Pineville, LA
I post my buyers FICO score on Craig's list. This helps avoid the hassle of repeat clients...

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#331451 - 03/17/10 02:56 PM Re: Looking for income property [Re: FSBO]
Don Price (Pine) Offline
REO-BPO-R.E. Mod
Major Contributor

Registered: 03/12/08
Posts: 3268
Loc: Pinehurst, NC
Originally Posted By: FSBO
I post my buyers FICO score on Craig's list. This helps avoid the hassle of repeat clients...


Sorry fizz - I don't follow - can you post a link to one so we can see what you mean?
_________________________
Donald Price (Don)
Pinehurst, NC 'America's Home of Golf"

Pinehurst Real Estate | REO-BPO-Brokers.com | Blog | Join active|rain | Twitter | Facebook


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#331458 - 03/17/10 03:55 PM Re: Looking for income property [Re: Don Price (Pine)]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8391
Loc: georgia
Boris pm me your e-mail and I will add you to my contact list as commercial is all I do and I know exactly what you are looking for.

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