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Updated about 9 years ago,
What would you do?
I just spoke to an investor in my area with about a dozen investment properties he's looking to unload. He is up for basically any type of financing options. I am looking to get in with as little money as possible to keep the ROI as high as possible. There are currently mortgages on all the properties. It seems as though they should all cash flow nicely (about $200 to $300 per property per month). My question is what is the best way to structure this deal? Any suggestions would be great. All the properties are most likely around market value and I don't believe any of the mortgages are assumable.
Thanks so much!
Mike