Creative Financing for New Investor With Minimal Capital

[Justin Molzhon]

Hey Bigger Pockets!

I believe I have found a potential very nice deal in Kentucky. The quick rundown is 2 duplexes being sold together, all occupied for the past 3-4 years and tenants seem to want to stay. The properties have been on the market for 170+ days so I feel the price can be negotiated down a bit, and rents raised slightly especially if we are able to update some of the cosmetic aspects. We already have a GC and people who can do whatever work we'd be doing - the only holdup is funding. Since this would be my first deal we have very little capital. I am happy to share details and discuss it further or even look into partnering if that's the best route for this.

[Chris Seveney]

@Justin Molzhon

Look at seller financing or bringing on an equity partner. Equity partner you will give up some ownership but also some money is better than no money.