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Updated about 2 years ago,

User Stats

27
Posts
12
Votes
Dario Cruz
  • Rental Property Investor
  • Fredericksburg, VA
12
Votes |
27
Posts

In need of advice purchasing a portfolio of 10 SFRs

Dario Cruz
  • Rental Property Investor
  • Fredericksburg, VA
Posted

Good morning BP! I am cold calling 20 leads a day and came about one that the owner is interested in selling off the remainder of his portfolio of 10 SFRs as a package. I need some help/advice on how I should proceed. Below are some details I was able to get off the phone-

The properties are located in Tappahannock,VA and the owner has had them since ‘96.
Owner would like to get at least 90% of market value for the properties 

Not interested in seller financing, needs to split the profits with ex. 

All the properties are currently LTRs on 60 day notices 

Any feed back and suggestions on how to proceed are greatly appreciated! 

-Dario 

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