Ace Equity Pros provides deeply discounted property deals to local developers and rehabbers. Our properties are off market and not available to the general public. If you have never purchased wholesale investment property, here are the answers to some of the frequently asked questions. If you don’t see your question in this list, feel free to contact us directly.
Q: What type of discount should I expect from this company?
A: We aim to provide properties at 30% – 50% off of retail. Our goal is to provide enough spread to ensure that can earn a healthy return on your investment.
Q: How do you find your properties?
A: The deals that we find come from a variety of places, including probate and estate sales, short sales and foreclosures. We also spend a considerable amount of time and money marketing directly to homeowners who, for a variety of reasons, need to sell their properties quickly. Because these situations are very dynamic, opportunities can present themselves suddenly. It’s important that you are able to act fast to take advantage of the best deals when they become available.
Q: Are these properties on the MLS?
A: As a general rule, our properties are not listed. They are off-market, available only to our preferred buyers. However, there are times where a third party (bank) may require that properties are listed at the conclusion of a short sale negotiation. In those instances, the properties may appear on an MLS.
Q: Are the deals on your site controlled by you?
A: Yes. You can be assured that any property found on our site is under our direct control. We do not believe in “daisy chains”. We will only present properties that we have full control of.
Q: Is there a cost to be one of your preferred buyers?
A: There are No Dues or Fees associated with becoming a preferred buyer. Our only requirement is that you demonstrate your seriousness as a buyer. We may ask you to provide a proof of funds when you first inquire about a property. The reason is simple. We provide our clients great deals and exceptional service. So it’s important that we confirm that our time is well spent.
Q: How long do I have to close?
A: The deals go fast, typically less than 2 weeks. To have the best shot at securing a deal, you should be prepared to deliver signed contract and deposit within 24 to 48 hours of verbal acceptance of your offer. Due to current demand, we simply must adhere to a strict first come first served policy. We appreciate your understanding on this.