Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago,

Account Closed
  • Real Estate Investor
  • Shelton, WA
639
Votes |
369
Posts

options to obtain 14 SFRs from a soon to be divorced couple?!

Account Closed
  • Real Estate Investor
  • Shelton, WA
Posted

During a conversation with a prospective tenant's previous landlord, he asked if i was looking to buy additional properties in TN. He told me that him and his wife were divorcing and need to sell all 14 of their rentals, and would be willing to sell all of them together for a pretty steep discount if sold all at once. regardless of the purchase amount, what are my options for purchase multiple (if not all) properties at once? I have about $50k cash at the moment to play with.

Would it be feasible to use a hard money lender to finance if i planned on rehabbing and selling several of the properties and utilize the profits and my current salary to pay off the rest?

He indicated he wants to be cashed out, so Im waiting on him to email the details/numbers before i pitch owner financing

What other options are available?

Lloyd Stanton

War Mongering Profiteer / Aspiring REI

Loading replies...