Coal to Cash Homebuyers, Inc. is seeking transactional capital funding to purchase, repair, renovate and resell their investment properties located in the Los Angeles area.
Coal to Cash Homebuyers, Inc. is a real estate business whose mission is to rejuvenate neighborhoods in Los Angeles and Ventura Counties in California including Simi Valley, to increase the standard of living by improving the overall quality of housing for the residents, and help millennials entering the market for the first time find affordable housing.
According to Jonathan Smoke, Realtor.com’s chief economist and on Realtor.com’s analysis, LA is included in 10 housing markets that will record the fastest sales growth in 2015 and beyond. Their 2015 home sales forecast is +6%. “By virtue of Los Angeles’ immense size — the metro area population has surpassed 13 million — even moderate household percentage growth translates into a lot of people, which helped put LA on the top 10.”
“The market’s biggest challenge is affordability,” said Smoke. The median home price for the metro area is $460,000, more than twice the national median.
The LA Times reports, “Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a belated entry into the home-buying market, pushed by mortgage rates in the mid-3% range, government efforts to ease credit requirements and deep frustrations at having to pay rising rents without creating equity.” Coal to Cash Homebuyers Inc. wants to be able to help these first time homebuyers secure affordable housing. With additional transactional capital funding we believe we will be able to do more to reach our goals for the area.
Coal to Cash Homebuyers, Inc. is part of a nationwide group of thousands of investors who are helping tens of thousands of homeowners every year. We may not be the “traditional” route, but we CAN help home owners out of almost any stressful situation and we can do it quickly!
We invite your questions about the amount of capital Coal to Cash Homebuyers, Inc. is seeking, how we plan to deploy that capital, and our business plan. Call PAIGE PANZARELLO at 805-426-9988.