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Updated almost 9 years ago on . Most recent reply

User Stats

24
Posts
9
Votes
Eladio Perez
  • Entrepreneur
  • Providence, RI
9
Votes |
24
Posts

Court case section 8

Eladio Perez
  • Entrepreneur
  • Providence, RI
Posted

i just received this "potential lead" minutes ago  ( Providence, Rhode Island), its a 2 building property, one unit is a 3 family and the other one, one family, he tells me that in the 1 family we cannot go in an see because he has a tenant under section 8 and is going thru the eviction with the court. the other 3 unit house is vacant due to renovation he was working on it and seems to stop. told me hes not desperate to sell bu, but i know my fellow Dominicans lol, hes a avoiding a low blow from me on the price.

im looking to see if i should wholesale this to a landlord, seller finance (he owns free and clear) or hard money lending so i can fix and hold. wow! this is my second 2 lead in my whole lifetime lol, i just left a paper at his door yesterday when i was "walking for dollars" yes walking, wont have my car for a few weeks. but im glad i have something.

just checking out how can i approach this and get the best out of it, i would love it to buy and hold but dont know any hard money lenders, what do guys think? 

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