How to Save Thousands of Dollars by Purchasing A Fixer Home in Southern California

Are you looking to buy a fixer upper home in Southern California? Are you interested in purchasing a home and saving tens of thousands of dollars when you buy? But you really don't know where to get started? Well, I'm gonna show you how. 

My name is Matthew Silva and I've been selling real estate for over 20 years. I do property management and do loans and I'm gonna show you some of the best ways to save money and purchase a fixer upper in any market. 

Now, a lot of people don't know about this: It's a renovation loan that helps you buy a fixer upper. So when you go and let's say you're looking at a fixer upper and there's no kitchen. The bank will not do a regular loan on that home. They absolutely won't touch it with a 10-foot pole. And the reason why is the loans that you get at these major banks – those are for homes that are pretty much livable. It could be outdated, but there has to be heat, there has to be a kitchen and everything has to be operable. 

Well, there is an alternative through me or another one of my associates that I would recommend to you, and that's a renovation loan and here's how it works. It's really straightforward. 

I don't recommend doing this with a novice agent or a  lone person. A lot of times they will say they can do this and they don't know how to close them. I have closed multiple deals on this and you have to have a good contractor, you have to have a good loan person and a good agent to bring all this together. But this program is amazing. You can not only upgrade your home with luxury items and put in a pool or jacuzzi or something crazy like that, but you could also use this to make money by converting the garage or building an A. D. U.

If you’re interested in learning more please reach out to me and 

one of my associates will be glad to help you learn 

how renovation loans can save you a lot of money.

Call us directly at 562-521-8575