RENE CASTRO
Alta Loma, CA (USA)
Role(s):
Founder/Owner/Principal
SELF EMPLLOYED
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Startup
Location:
Alta Loma
Industry:
Real Estate
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Sole Proprietorship
Description:
WE HELP THE HISPANIC COMMUNITY TO SAVE THEIR HOMES. I HAVE BEEN WORKING WITH A COMPANY TO PURCHASE THE HOMES OF THE PEOPLE WHO ARE BEHIND ON PAYMENT BUT THE PRICE HAS GOTTEN SO LOW THAT EVEN IF WE RENT THEM WE GENERATE POSITIVE CASHFLOW. WE PURCHASE THE PROPERTY AND LEASE IT BACK TO CLIENT AND RE-SELL IT TO THEM FOR A HIGHER AMOUNT AND REQUIRE A 10% DOWN PAYMENT PLUS MONTHLY EQUITY BUILDER TO MINIMIZE INVESTOR RISK. IN ABOUT 12 MONTHS WE RE-FINANCE THE INVESTOR OUT WITH A TYPICAL PROFIT OF $25K TO $50K AND DO IT AGAIN. I HAVE ELEVEN YEARS IN THE REAL ESTATE INDUSTRY AND I GET THE CLIENTS AND HAVE THE NETWORK NECESSARY TO DO THIS BUSINESS ON MY OWN IF I CAN FIND INVESTORS TO FUND THE PROJECT. THE PROFIT POTENTIAL IS EXELLENT AND THE INVESTOR RISK IS MINIMUM AND SECURED BY REAL ESTATE. I NEED PARTNER/S WITH FUNDS.