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Updated over 8 years ago,
New Member NYC / Brooklyn / Seattle
Hi Everyone!
I'm brand spankin' new! I just posted my first post here
http://www.biggerpockets.com/forums/48/topics/1970...
It basically explains who I am and what I'm trying to accomplish (by way of my question on structuring a deal).
I'll share some of it here and tell you more.
I have 2 properties in Seattle. One I split into 2 separate 2 bedroom units, the other is a houseboat and I negotiated seller financing.
I sold my first house to start my first business. I am a tech startup entrepreneur.
I've been a landlord for 10+ years. I've done most of the work myself, or worked with contractors to do fixes, remodeling, rehabbing, etc. I have directly managed tenants, and I've worked with AirBnB, and property management companies.
I'm now in New York City / Brooklyn.
Currently I don't have funding for another property, and don't have cash to put down on a seller financed deal. But, I have lots of motivation and ambition.
I have a business that looks to place other entrepreneur tenants (in a round about sort of way, I am happy to explain if you're interested) into co-living spaces.
I am constantly looking for deals and trying to negotiate ways to make them happen. But, I haven't been having luck with having very little capital to invest at the moment. I tried hard money lending and was told I still needed 20% down.
So - although I know a little, I discovered that there is a LOT I don't know. That's why I'm here - to learn, to network, and to get some deals done!
I look forward to meeting many of you and to learning from each other.
Cheers,
Libby