PA Deals | Wholesale Priced Investment Properties

Q1: Are there any sign up fees associated with doing business with PADeals.com?

A- No, although there really should be. PADeals.com may eventually create a membership with annual fees, but for now there is no charge at all to do businesses with PADeals.com. The only time fees comes into play are if and when you use the Rehabbing Assistance Programs and Marketing Assistance Programs which are both optional. They are priced from between $595 - $1,195 per deal.

A – PADeals.com makes money by building their profit into your purchase price. For instance, if PADeals.com bought 123 Main Street for $45,000, they would be selling the property for more than that to you. We utilize many ways of finding real estate bargains ensuring you never pay more than 40 -60% of the properties true fair market value.

Q3: If PADeals.com is building their profit into the sale price, how do I know I am getting a good deal?

A – There are a few answers to this question. First, our lenders only lend 70% of the property's fair market value, which is determined by a licensed appraiser hired by the lenders. In, addition, as a safegaurd against loan defaults, lenders will not loan money on a deal if the property is not priced well below true market value. Another way to assure that you are getting good deals is to run comps, which are nearby properties similar to the one you're considering buying that have sold within the last 12 months. You get comps from a local real estate agent, or you can obtain them through PADeals.com for free.

Q4: If PADeals.com is selling their clients such good deals why do they need me to get involved with the company? Why give away so much equity and profit?

A – PADeals.com has a clearly defined business model that calls for income to be generated by four methods of real estate investing:

long term buy and hold rentals
lease option sales
buying, fixing and reselling to owner occupants
and finally, wholesaling properties to investors.

For example, when the wholesaling technique is used, we're not giving away equity and profits, but instead generating quick profits. Sure, PADeals.com leaves the majority of the profit in the deal for our clients ... but that's OK since we are able to meet our goal of obtaining cash profits quickly.

Finally, PA Deals is not acquiring any additional rental properties until mid-2008, therefore any rental properties that are purchased will be wholesaled to our clients who wish to utilize the long-term buy-and-hold rental technique as part of thier investment strategy.

A - Our affiliated lenders charge 4 points and 12 percent annually. For example, on a $50,000 loan, they would charge $2,000 in points and $500 a month interest only payments. Don't worry - all up-front points are rolled into your loan as part of the closing costs. These terms may seem high if you're a new investor, but similar loans offered elsewhere would charge between 5-8 points and interest rates rates of 15-18 percent annually.

We are absolutely the cheapest anywhere in the country. But, don't base your decision on our word alone - do an Internet search for "hard money" loans and see how the findings match up to our affiliated lenders' financing terms.

A- Their affiliated lenders require a credit score of at least 670 and liquid cash of at least $10,000. They also require proof of steady income, with adequate monthly cash flow after all living expenses.

Q7: If I use the Rehabbing Assistance Programs will PADeals.com will handle my entire rehab for me and guarantee the work?

A- No. The Rehabbing Assistance Programs are simply a “helping hand” along the way. You are still responsible to monitor the progress of your project, communicate with your contractor, visit your property and make tough decisions when needed. Check out the Rehabbing Assitance Programs section of this website fer details on how this service can make life easier for both new and seasoned investors.

Q8: On average how long does a typical rehab take to complete if I use the Rehabbing Assistance Programs?

Q9: If I use any of the Marketing Assistance Programs am I guaranteed to rent, rent-to-own or sell my property in a certain time frame at a certain price?

A- No. If using any of the marketing programs there are no guarantees as to how long it will take to rent or sell a property. We do however have a dynamic team of professionals that work very hard to make the most of what your property has to offer.

A- As of December 2005 PADeals.com and its owners have participated in over 350 real estate transactions.

Q11: I noticed that almost every new property listed on this site is sold almost immediately. Why is this, and how would I ever be able to buy a property if they sell so quickly?

A- Yes, our properties do sell quickly. Almost 95% of our houses are sold to active clients of ours, and of course, active clients always get first pick of the deals they want. Occasionally we sell to “outsiders” but for the most part our properties are sold to people who do business with us on a regular basis. In order to get first pick of our properties you need to become a client of ours.

Q12: How do I become an active client so I can get access to your properties?

A- Well, you don't absolutely have to be a client to buy our properties but it does give you preferential treatment. To get started go to the Get Pre-Approved section of this site and fill out an application today.

Q13: What if I want to proceed but do not feel comfortable submitting my information online? Is there another way to still have the opportunity to do business with PA Deals and become an approved client??

A- Absolutely! The website approvals are simply what we created to streamline the process for not only our company but for you as well. If you do not feel comfortable submitting your information to us via the website feel free to contact our office at 717-901-7763, Ext. 8 and leave a message. One of our Client Service reps will contact you within 48 hours with instructions on how to get us your information in person. Also, if you would like to speak with a staff member regarding any questions you have feel free to call 717-901-7763, Ext 1 between the hours of 9am – 5pm Monday through Friday.