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Updated about 10 years ago on . Most recent reply

User Stats

86
Posts
13
Votes
Brent Fleeman
  • Investor
  • Ringgold, GA
13
Votes |
86
Posts

Needing some advice please.

Brent Fleeman
  • Investor
  • Ringgold, GA
Posted

I have been eyeing a triplex in my neighborhood for some time now. This is not being foreclosed but it seems they are letting some things go that should be fixed. First thing I need to know what are my financing options to very little money down to buy this. Second thing is how to approach the owners of the property. I have there current address and the amount they paid and the year they bought it. I was thinking of sending them a letter on the property with an enclosed photo of the damage that is occurring but I need some direction on the wording. These have current tenants in all 3.  The units never set for anymore than a few weeks without tenants due to the school system and neighborhood. Any advice will be well taken and thank you in advance for any help.

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