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Updated over 7 years ago,
Purchasing from wholesaler
Hey guys -- this would be my first purchase from a wholesaler AND first time purchasing multiple properties at once so I have a few questions would love some expertise
Looking at 4 properties, two are individually priced and 2 are bundled together. 3 are rented, need no repair, and rent for $2150/mo
Seller wants $110k cash for all
I've got ~$110k in cash I can scrounge together a la savings, heloc, line of credit etc. but are there better short-term financing options? I'm going to want to put a mortgage on all of these properties after I purchase.
Whats the best strategy here? Are there