Our company acquires discounted distressed residential properties in foreclosure & bank owned properties in Southern California and wholesales them to other real estate investors. Our clients are mostly other real estate wholesalers or rehabbers who would like to pick up discounted properties for remodeling. Once the remodeling is completed, they will sell the updated properties to retail buyers / homeowners. Our main focus is the entry level homes (in the range of $250,000 to $350,000) for the first time home buyers. We will sometimes acquire more expensive properties (in the range of $500,000 to $750,000) per our buyer requests. Luxury homes are not our target in the next couple of years.
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