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Updated about 8 years ago,

User Stats

29
Posts
20
Votes
Michael Shear
  • Investor
  • Swansea, IL
20
Votes |
29
Posts

Found properties with motivated seller, need mentor

Michael Shear
  • Investor
  • Swansea, IL
Posted

I found a guy who is selling off his rental portfolio in Southern Illinois (Belleville, IL). He has a total of 5 homes that he is trying to get rid of and retire. Most of them have mortgages on them and 1 he says is free and clear. Since this would be my first deal and I am a beginner investor I am looking for someone to help/walk through with me on these deals. I am willing to take a smaller cut of the deals so that I may learn the ins and outs. Most of the homes are valued in the 30-60K range and are being sold at roughly half market value. He is a motivated older gentleman that is ready to make a deal ASAP.

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