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Updated about 7 years ago on . Most recent reply

User Stats

164
Posts
32
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Rashad Jones Jennings
Pro Member
  • Developer
  • Atlanta, GA
32
Votes |
164
Posts

$2.5 MILLION DOLLAR DEAL

Rashad Jones Jennings
Pro Member
  • Developer
  • Atlanta, GA
Posted

I am working on a deal thats about $2.5 Million. Its a single family home and the owner is willing to negotiate & is even offering some owner financing for the property. I am in the process of trying to find a buyer but my normal buyers say they aren't in the market to do that pricey of flips or rehabs. Any suggestions on how I can make it happen?

  • Rashad Jones Jennings
  • Offering

    User Stats

    64
    Posts
    18
    Votes
    Ivan A.
    • Developer
    • Atlanta, GA
    18
    Votes |
    64
    Posts
    Ivan A.
    • Developer
    • Atlanta, GA
    Replied

    @Rashad Jones Jennings I'd recommend networking like a maniac at every event in that area. Especially business networking events because business owners are usually the hardest to qualify for traditional loans so owner financing would be great to them. Just make sure they can provide 2 years records of consistent income to prove they can cover the loan terms.