All About alchristmann

alchristmann's picture
Al Christmann
North Phoenix/Glendale, Arizona
About Me: 

It is time to update my profile. I have been a part of this family for well over a year now. My wife and I have purchased two propeties. One was at an auction. We got that property for $60K below value, and set up a lease option with a $330 positive cash flow, and $50K profit when we sell. Then we bought a home on some land in North Phoenix. We got it for $70K below value. We are living in it and rented out the home that we had. We have a $450 positive cash flow on that home. I have met several investors that I am working with as a Realtor. The knowlege that I have gotten from this site and Deans program have been a considerable help in getting me where I am today. I have increased my net worth by $120K and have an additional $780 in monthly income. I am an engineer for a plastics company in Phoenix and work part time as a Realtor. I don't spend alot of time working on investing, but the return has been incredable.

I love fly fishing.

Topics I've Participated In

Getting Started Need Some Advice frymissy2166 years 49 weeks ago
How to Attract Investors to Assign to Your Deals Madison4097 years 8 weeks ago
Paying a Realtor in a Wholesale Assignment nstreet467 years 11 weeks ago
THREAD-O-QUOTES! AngelaK2717 years 49 weeks ago
Dinner with Dean acinvestments138 years 9 weeks ago

Basic Info

Engineer/Real Estate Agent
Have Child(ren)
Completed College

Sites I Visit



jadelong's picture

what advice can you offer a newbie investor who has poor credit and no money but really wants to do this full force? any suggestions would be helpful thanks


alchristmann's picture

I suggest you spend some time learning about the area you want to invest in. Start building a buyers list. Go to REI club meetings. Talk to Realtors, have them send you listings in your area that have been on the market for a long time. The best thing to do is to talk to as many people as you can about real estate. Reread the book, spend time on this site learning as much as you can. As you develop an understanding of investing, and the real estate market, you will know how to proceed.

20% Down ?!

Hello alchristmann,
I recently spoke to a Mortgage Broker who stated all banks are requiring 20% down for investment properties. Any loopholes out there or ideas on getting around putting 20% down on an investment property?

20% down

alchristmann's picture

20% down for conventional investment loans are what we have now. Try private lenders,or HMLs. I am going to buy another home for myself at 3.5% down for an FHA loan and rent out my current home.

Arizona Properties

I wanted to know if you could send me some info on good Arizona investment properties. Can you PM me or e-mail me. Thnx..interested in ahwatukee area if possible but open to other areas.


SpencersInvesting's picture

Hey Al I'm just wondering if you had any advice for a young 20 y/o just starting out. My problem is I haven't had a job for 2 or more years with same employer. A mortgage broker told me it's a necessity to obtain a loan from bank. Any loopholes to this? I have outstanding credit of 740+ and some cash saved up but not too much. I just don't know where to start or what to do.
Thanx, Will


alchristmann's picture

Talk to some other lenders. You are not old enought to have a long job history. With a good credit score, and some money in hand, I think someone will work with you.

Good Luck, Al


Indiana-Joe's picture

I like your Tri-state trio idea. Unfortunately, I have not heard more from other Tri-state members. Hopefully, this can be something that can grow and take shape during the year. Continued success with real estate investing. Believe and Achieve! Smiling - Joe

Thanks Al I'll give it a

SpencersInvesting's picture

Thanks Al I'll give it a shot!

Put me on your list to meet

I am sure eager to meet some Arizona DG folks. I am in Cave Creek and not so far from Glendale. Any REI clubs you recommend in our area? Much appreciation. Penny

Hi Al

I see you posting today, I haven't seen that in a while. (I haven't been able to be on the site too much lately) I have learned from and been inspired by you, happy to see you online! Smiling



are you licensed, where, do you still make offers for clients?

REI club

Hi Al, would you add me to announcements of REI club meetings? Thanks so much.

ah some activity

pipeline's picture have some fans! Just looking for newer comments on the DG site & I saw you are quite active. See our bio for info since were neighbors & thought I'd throw in a note for other posters here. I recently bought a home in Nv. for my daughter, I didn't know it at the time but my tax guy says I can withdraw up to $10,000 from my IRA & there is no early withdrawl penalty if you use the money for a down payment within 120 that's great news to me, I also got the 8K tax rebate... I almost kissed the taxguy. Make sure you verify this in your area before you try, but it worked perfect for me as I only had taken out 11K....whew. Now for those just starting out, the Tax lot's is a "Cheap" way to break into the game we all desire to play & Az. has a ton of them(I own a few myself) If you owned a few lots & were to sell them at a nice profit(most always the case) on simple land contracts(say for $150 a month to someone)those contracts may be discounted to an investor for cash, or if you had enough small contracts out there it's considered income to help you qualify for a bank loan. The realtors say location, location, location, but a small quanity of small investments will grow into leverage, leverage leverage. Tax lots can go for $100 or less if you are amoung the few who know how to connect to this source of wealth. Good luck all hope it helps someone ....We wondered if you've ever fished up in the Owens vally Ca. for the Alpers-Trout? & ck.out our pic's. if you like

Refinancing success?


I am new to the investing world here in Phoenix. Do you, or have you had any success with refinancing here locally? I am finding some deals but am concerned with the back end. Look forward to any suggestions.


alchristmann's picture

Have you talked to local lenders? If the numbers are good, you can find financing. Talk to some mortgage brokers and see what their lenders require.

May You have Great Success

JJD's picture

May You have Great Success on your Journey!

Thank You for All that You Share.


hi, noticed your an

hi, noticed your an investor- check out **** if your active at the moment- its free and will allow you to network with thousands of local and national investors, its a great site!


smurfy's picture

I live in Mesa and I was wondering if you're still doing REI? I'm brand spankin' new and if you need any help, I'd be willing to do it for free, just to learn. Smiling Let me know, k? Thanks!

Arizona MLS

judithmuka's picture

Hi Al,
Can you set me up with Arizona MLS? I would like to have access to the solds also. I probably can check out cash buyers.
Thank you so much

Ohio Wholesale buyers needed

stephen1's picture

I am direct to the seller on 7 homes in Dayton, Ohio AVR:$300k+ Asking:75k. I will assisn