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Updated about 1 month ago on . Most recent reply
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Would like to know more about Lease to Own to buy Multi Families as a Master Tenant
As I get deeper into Commercial Investing (the research of it), I am always think I am closer to getting a MultiFamily. Now I have read some of the well off say in so many comments.. Just save money and etc....This conversation is not for you. This post just remove from your algorithm.
I have thoroughly researched many of the creative financing strategies (subto, wraps, assumable mortgages, and etc). I really like Lease to own option to get into deals without having to take on massive debt. I like this option better than a Wrap because for me its just easier to understand and navigate, especially if lender calls the loan.
With all this being said...I am just looking for those that have direct experience with using Lease to own to get into Multifamily and Apartment building type projects. I am selling some land and some tiny houses i built this year but you know how that can be. In the meantime, most of my capital is tied up and I am looking to be Super creative and I have absolutely the time and energy to cold call until i find someone that is game...even if i got to get a property in Alaska. I just want to get into a deal so i can immediately utilize this experience. Once you have property it makes it so much easier to bring in investors and partners.
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- Property Manager
- Royal Oak, MI
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@Anade Davis Agency: either FNMA, FHLMC, FHA, or VA.
Look for land contracts, where seller provides financing.
- Drew Sygit
- [email protected]
- 248-209-6824
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