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Updated about 1 year ago on . Most recent reply

User Stats

3
Posts
1
Votes
Gamal Noble
1
Votes |
3
Posts

Parents Neighbor's House For Sale

Gamal Noble
Posted

Investment Info:

Single-family residence hard money loan investment.

Parents neighbor is willing to do some seller financing if I can get a hard money loan for a good amount of the purchase price. Then will help me renovate to maximize cash flow or flip for a profit.

What made you interested in investing in this type of deal?

Opportunity to own the home next door to my parents with favorable terms from the seller

How did you find this deal and how did you negotiate it?

Been friends with the neighbor for 15 years

How did you finance this deal?

Still working on getting financing from a private or hard money lender

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