Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

67
Posts
6
Votes
Nigel Ford
  • Real Estate Agent
  • Northern California
6
Votes |
67
Posts

small multi discount DM niche

Nigel Ford
  • Real Estate Agent
  • Northern California
Posted

Im curious to know if anyone is currently finding discounted 2-4 unit properties consistently at all in this time of the market, or if their are any direct mail niches that would work best for finding discounts and/or value add opportunities for these types of properties. If it helps im focused on the Lexington KY market and looking to rent to traveling nurses but it would be nice to get something that’s discounted enough to work for a longterm rental also.

Thank you for your patience with my condition!would appreciate any input.

Nigel

Most Popular Reply

User Stats

1,329
Posts
567
Votes
James Wilcox
  • Real Estate Agent
  • Bowling Green KY ~ Lexington, KY
567
Votes |
1,329
Posts
James Wilcox
  • Real Estate Agent
  • Bowling Green KY ~ Lexington, KY
Replied
Quote from @Nigel Ford:

@Joshua Christensen

Very well explicated Joshua, full price with my terms seems like a fair way to make a deal that works both ways.

@James Wilcox

my agent guves the impression that no owners in kentucky are willing to “risk” financing their home, is it less common for these deals to happen there?

@Nigel Ford market relevance isn't the key factor; seller and buyer conditions, along with a suitable deal, are crucial for seller financing (SF) transactions. I've engaged in SF deals in Kentucky when the circumstances were favorable. While SF might be less frequent, it's not accurate to say "no owners consider it". In fact, I currently know of a property in Kentucky where the seller would prefer to sell with SF. However, it's essential to acknowledge the potential risks for sellers, particularly when dealing with buyers seeking minimal down payments or proposing impractical terms.

  • James Wilcox
business profile image
REI James w/ eXp Realty
5.0 stars
3 Reviews

Loading replies...