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Updated about 3 years ago,

User Stats

14
Posts
4
Votes
Chukwuemeka Ogbonna
  • New to Real Estate
  • Kansas City, MO
4
Votes |
14
Posts

Creatively Finding a MF deal in Lawrence, KS

Chukwuemeka Ogbonna
  • New to Real Estate
  • Kansas City, MO
Posted

Hello BiggerPockets family! I am a new investor who just got a job promotion that is requiring me to relocate to Lawrence, Ks. My job is helping me acquire a new home by helping me with the down payment, closing cost, and taxes. I don't know how much of each they will give me yet but it will be very beneficial as my cash reserves are extremely low because of a disaster flip I am currently going through. I currently have a single family rental and I am under contract with a flip I will lose over 10k on and both deals made me realize I want to put my focus primarily on MF deals. I would plan to house hack this next MF deal.

I have access through the MLS with my realtor but there is little to no inventory in that area. What are some creative ways to finding more MF owners and seeing if they are willing to sell their home? Would asking them if they would be interested in seller financing be the best way to get them more likely to sell?

Any advice would be much appreciated! This is my first year of acquiring properties and it didn't get me anywhere that I planned and it has only made me more motivated! 

Thanks in advance!