How It Works
Submit Your Deal
Submit funding request and provide the details of your deal.
Confirmation
We will make an offer right away. Sometimes even over the phone!
Day of Close
You can take some time to weigh your options to decide what is right for you.
Step 4
If you accept, we will handle everything and close in a matter of days!
Timeframe: After you tell us a bit about your home, we will get to work creating a customized offer. If you choose to accept, we are able to close as quickly as 7 days! Of course, if you need longer, we will always work on your schedule.
Timeframe: After you tell us a bit about your home, we will get to work creating a customized offer. If you choose to accept, we are able to close in only a couple of days. Of course, if you need longer, we will oblige. We will always work on your schedule.
My Investor Resources is one of San Mateo‘s top real estate investing groups because we focus on doing things right. We specialize in buying distressed properties (multi-family, commercial, retail, single-family, bank REOs, sellers who need to sell fast)… and working with property sellers who just can’t sell the traditional route through a real estate agent.
A big passion of ours is helping to be a part of beautifying the communities we work in by helping people get out of tough real estate situations by buying unwanted houses. Then we work with others in the area to repair the house and get new homeowners into each property we work on.
What Does it Cost?
We also come across many distressed single-family San Mateo, CA properties because of our relationships in the market and secure those properties at substantial discounts. Many people call these properties fixer-uppers or “handyman specials”. Because of our very effective marketing programs, we’re able to get investment property deals in San Mateo that most other investors never even hear about. We pass those savings along to our investor buyers on our VIP Property Deals list.
If you’re interested in buying San Mateo and CA investment properties at steep discounts (both single-family and multi-family)… whether you plan to buy and hold as a rental property or fix the property up and resell it… join our VIP Property Deals list today to get an email when we secure new properties that fit what you’re looking for.
Get Access To Our Property Alerts And Current Discount Handyman Property Deals.
Why Work With Us?
Frequently Asked Questions
What is transactional funding?
A double closing is a real estate transaction method where two back-to-back property sales occur on the same day, involving three parties: the original seller, the investor (middleman), and the end buyer.
Here’s how it works:
First Transaction: The investor agrees to purchase the property from the original seller.
Second Transaction: The investor simultaneously sells the property to the end buyer at a higher price.
During a double closing, the investor typically uses the funds from the end buyer to complete the purchase from the original seller. This allows the investor to profit from the difference in sale prices without needing to use their own funds for an extended period.Double closings are often used in real estate wholesaling and transactional funding, allowing investors to efficiently facilitate deals and earn profits by connecting motivated sellers with interested buyers.
Are there any up-front fees?
For EMD, we charge $250 to pay our team for underwriting and processing the deal. Sadly we must do this so we don’t end up losing money by funding your cancelled deal. If you are confident in your deal closing, this will have no effect on you!
How much do you charge?
We charge 40% return for lending EMD and 1.5% for double close funding to start. These numbers can change depending on duration of the deal and risks involved. Morby Method funding starts at 2.5% for the added work.
Can you fund EMD for end buyers?
We can fund EMD for end buyers, but it’s rare. At the end of the day, our funds have to be protected no matter what. Typically that is done through an inspection period. If you have no inspection period on your deal or the EMD is non-refundable we will not fund your deal.
What happens if the deal doesn’t close?
If your deal does not close, we do not charge you the 40% fee. Your only cost would be the up front fee since our transaction coordinators have already worked on the deal for you.
How quickly can we get our deal funded?
We typically require 48 hours of notice to fund a deal, however we have funded in as quickly as 5 minutes (seriously). If you have a deal, your best bet is to submit it as soon as possible so we can review it and get the process started.
If you’re interested in learning more about ways we can work together don’t hesitate to contact us today.