Where to post properties for sale

General Real Estate Investing
1

I read the rules. Do you I need to pay for an ad or just post here if I have a rehab deal?

2

Howdy DeeinAustin:

Here is the link. It is also located to your left under Investor Resources at Classified ads. You will need to set up a password and user name different than the web site.

http://www.reiclub.com/cgi-bin/suite/classifieds/classifieds.cgi

LOL

3

Thanks for the response. I do see that not many people seem to post there. I wonder how successful the classifieds are or if it’s a waste of time.

4

Howdy DeeinAustin:

I bought two houses from ads. I have found financing for 5 different deals from 5 different investors including 4 private investors. Very successful for me.

LOL

5

That sounds great! I think I’ll go ahead and post there. I have some investor “wanted” ads as well as properties for sale.

6

Hello,
what is the interest rate the private investors are charging you?

7

Howdy Genio:

I just did two $20,000 loans from the same investor. The interest rate is 12% with a $1000 in points on each loan. 7 year call. The house will rent for $475 and the duplex will bring in $600 total per month. PITI less than $300.

LOL