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Updated over 3 years ago on . Most recent reply
Partnering on my 1st Deal
Hey BP Family! I am in the process of securing my first deal as an investor. The property is located in Tempe, AZ less than a 1/2 mile from ASU Tempe, currently has one unit and is zoned for a duplex. I've run the BP Rental Calculators and the property as-is will cash flow around $900/month if purchased in cash. I've run the numbers for seller financing, FHA/Househack, and Conventional loan and without building the second unit it will not cash flow. I am not sure how to go about partnering with an investor on this deal, any guidance on this would be greatly appreciated.
Most Popular Reply
Hello Janea,
My name is Nick. I live in NM and also a licensed RE agent and investor. Phx area is my second home(Scottsdale specifically). I'm always looking to partner with others and specifically Phx area. Can you give me some more details about this deal that you are asking about? Also, what other types of deals are you interested in? Are you looking to house hack, build, short-term rentals, long term rentals?
Nick