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Updated about 6 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Titus Alexis
  • Flipper/Rehabber
  • Indianapolis, IN
1
Votes |
4
Posts

New investor here. Looking for advice.

Titus Alexis
  • Flipper/Rehabber
  • Indianapolis, IN
Posted

My wife's aunt lives in California, we are in Indianapolis. Her aunt has 2 properties here in Indy she has had for some years now. They are rentals one stays rented, the other one is off and on. She is willing to let my wife and I purchase the properties. At the moment our capital or credit isn't where it should be to obtain them in that way. She is willing to work with us. Any creative solutions any one one have out there? ( the houses or worth 80k a piece)

Most Popular Reply

User Stats

620
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386
Votes
Shawn Ward
  • Real Estate Investor & Consultant
  • Los Angeles, CA
386
Votes |
620
Posts
Shawn Ward
  • Real Estate Investor & Consultant
  • Los Angeles, CA
Replied

@Titus Alexis yes..your best bet now is to go into a Seller Financed deal. Get her some money down as much as you can. Then pay her monthly payment. Maybe she can give you 2 years of terms, and then you can get your credit together and do an outright purchase in 2 years. 

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