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Updated about 10 years ago,

User Stats

127
Posts
21
Votes
Will Bert
  • Brooklyn, NY
21
Votes |
127
Posts

May have gotten my first deal...NOW WHAT????

Will Bert
  • Brooklyn, NY
Posted

So there's a property in my neighborhood that has 2 1bedroom apartments and a commercial store currently being used as a church. The owner lives about 45min's away. I said good morning to her and struck up a convo. I asked if she would be interested in selling the building she said sure she's tired of coming back and forth. I asked would she do a seller finance or lease option she said yes make her an offer. She want's 529k the area is going for 450k currently she's getting $3550 a month. I told her I would speak with my investor and make her an offer. Here's the problem I don't have an investor and don't know the next step. I can put something down just don't know anything about this..I've been listening to the BP podcast and reading the forum and just figured I'd give it a shot but didn't think she would actually want to sell...now i'm stuck

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