Newbie with Deal Structuring Questions

[Scott Leuchtmann]

Hi - I've been listening to Bigger Pockets for a couple of years. I've agreed with almost everything I've listened to - especially the logic behind the BRRRR method. I've finally taken the plunge and taken action. I started a direct mail campaign. I've been getting a pretty good response rate but yet to turn anything into a deal. I found a deal on the MLS and hope to close on that soon. The offer was accepted so we are in the inspection phase. But - I've found myself in a situation where I'm a bit in over my head. One of my letters found a local investor that wants to sell their entire portfolio in order to move into bigger deals. I think the numbers work, but I don't know how to structure or finance something this big. I've been reading as many books as I can not expecting this type of deal to fall into my lap within three weeks of me taking action. Does anyone have some ideas where I can go to get more information or help building this deal?

Thanks in advance!

[Bhekizwe M.]

Hi @Scott Leuchtmann. Its seems you need a mentor who can assist you with exit strategies, possibly even partner with you to bring down that deal.Who can you connect with, who has the money, contacts,resources to make it happen?

Perhaps with a confidentiality and non disclosure agreement reveal everything with them, get their input.Follow Up to ensure those campaign dollars work fruitfully