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Updated over 2 years ago,
Creative Financing for New Investor With Minimal Capital
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.