Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Creative Real Estate Financing
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 over 1 year ago on . Most recent reply

User Stats

7
Posts
1
Votes
Phillip Wright
1
Votes |
7
Posts

Financing off market portfolio purchase

Phillip Wright
Posted

Hello,

So long story short I know someone who has a portfolio of 25 doors, 10 duplexes, 5 single family, all in the same town, each property worth around 300-350k. Talking to her about real estate she mentioned that she wants out, the properties were her husbands who passed away and she just doesn’t want the stress anymore…. They bought them for like 50-60k each years ago. They all pretty much need some type of work. She said “I’m not looking to make a ton of money on them I just want to be done with them, ideally I can find an investor to buy all of them at once.” 

I believe I can get these properties for very cheap compared to their actual value. I wouldn’t be surprised if she accepted 50-60% of their value if the portfolio was bought as a whole. 

Let’s say she would accept an offer of 2.5 million for the portfolio. How would you fund this? 

Loading replies...