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Updated about 9 years ago, 11/14/2015

User Stats

102
Posts
57
Votes
Faisal Sami
  • Investor
  • South Barrington, IL
57
Votes |
102
Posts

Motivated sellers vs. turnkey properties

Faisal Sami
  • Investor
  • South Barrington, IL
Posted

Would you rather acquire properties that have existing tenants and positive cashflow and use some cash and credit to acquire OR try to find motivated sellers and acquire their home SUBJECT TO their underlying mortgage?

I have tried it both ways and have found that using some cash and credit to grow my real estate portfolio is better than trying to deal with "motivated" sellers. I hate talking to sellers who are desperate to sell their home.

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