Let’s Make a Deal Meets June 13, 2016 with Lynn Overall & Don DeRosa
Posted on June 10, 2016 byAtlanta REIA Members & Guests, Please RSVP on Meetup.com
The “Let’s Make A Deal” group is a subgroup of the Atlanta REIA led by Lynn Overall and Don DeRosa that now meets on the 2nd Monday of each month at 6PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs, GA. The focus of the group is to take new investors through the entire process of repurposing distressed home. Each home is purchased by the group and is completed as a Joint Venture.
We are no longer asking you to bring your checkbook, however you will be disappointed if you don’t because these deals will be purchased by someone, and you will have the first opportunity to profit from them.a
Funding for these deals will be provided by our sponsors, Angel Oak Prime Bridge & Barnett Capital. Each group desiring to participate in the deal will form an LLC, identify member responsibilities, open an operational bank account and fund holding costs for the deal and execute a purchase contract for the property. Your projects will be overseen by a professional engineer and an experienced rehab investor.
Our goal is to have fun, make a profit and learn how to properly rehab a property. We will also provide the buyer and the neighborhood with homes that are shining examples of what we, as investors, do for the economy and the community.
Bring your checkbook or not. Either way, you will walk away from this meeting with knowledge and tools to help you become a better investor.
No less than three properties will be presented at the meeting. Each will meet the Angel Oak 65% or 100% financing criteria. Come join us and do your first rehab!
Atlanta REIA Members & Guests, Please RSVP on Meetup.com