Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
General Real Estate 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 2 years ago,

User Stats

3
Posts
2
Votes
Vitaliy Fylyk
2
Votes |
3
Posts

Help me structure a deal and educate me please

Vitaliy Fylyk
Posted

I found a few units that need some work, I'm not scared of that because coming from a construction background and I do have some people that would help me.
The owner is open to Seller Finance and is asking 165k - the owner wants me to offer him what I can pay.
Of course, I wanna offer as little cash as possible that way I could do some fix-ups.
My goal is to offer a deal that won't scare away, it's 7 units for a price of 165k altogether, 2 of them are rented at $650 and $700 a month and the rest have been rented but now are vacant because they need some work, but as the owner says it is in liveable condition. My goal would be to rent them out for section 8.

How would you structure this deal? Also, question do I need my LLC to be registered in PA, or can be anywhere?