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Updated 3 months ago on . Most recent reply

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63
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31
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Andre Brock
  • Investor
  • Cleveland, OH
31
Votes |
63
Posts

Tell me about your last creative deal!!

Andre Brock
  • Investor
  • Cleveland, OH
Posted

Guys share  any of your last creative deals  how did you find the lead? Did you use creative  financing on the acquisition and the dispo? 

Most Popular Reply

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Replied

no banks, no credit , no W-2, no proof of income needed. I closed on a deal two weeks ago, in new Smyrna Beach Florida. The house was built in 2022, and the seller had their job relocated from Florida to Texas and needed to sell ASAP. I was able to buy the house with $12,000 down and I paid some closing costs for a beautiful, turnkey house that needs absolutely nothing. I was able to pay the sellers mortgage company directly that had a 4% interest rate. Now because of the rate being so low I can actually cash flow with this deal. The difference in interest rates was saving me over $500 a month, and that’s the amount on cash flowing.

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