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Updated almost 15 years ago on .

User Stats

120
Posts
29
Votes
Ryan A.
  • Rental Property Investor
  • Lisbon, CT
29
Votes |
120
Posts

Southern RI Southeastern CT buyers/wholesalers?

Ryan A.
  • Rental Property Investor
  • Lisbon, CT
Posted

Making deals here in southern New England. I've located some local lenders & have a good team.

Currently run 1 multi with 23k in gross rents. No shortage of property in area. Fresh meat every week. Have not made many buyer or wholesaler leads.

300k triplex in Westerly RI tied up under contract for 242k with 33k seller financed. Currently fully occupied with yearly rents of 24k. Clean it up and rent it out for 30k a year easy.

250k duplex in Pawcatuck needs rehab - listed @ 149k - should rent for 21k after fixup

I'm making offers weekly. What I can't use I wont waste.

PM me if you're nearby. We'll grab lunch and look at some property.