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Updated almost 10 years ago on . Most recent reply

User Stats

39
Posts
14
Votes
James Vann
  • Real Estate Investor
  • Springfield, MO
14
Votes |
39
Posts

My First Offer

James Vann
  • Real Estate Investor
  • Springfield, MO
Posted

Hi guys,

I've been following Bigger Pockets for a few years now, and I am finally in a situation to start investing!

Here is the situation- my wife is going to be attending school finishing her bachelors degree in the fall.  The University she will be attending is about 100 miles from out home :(  Lucky for me, I have a good job now that lets me work from home!  So we will be moving for the next 2 years.  We want to buy a small multifamily property, fix it up, live in one of the other units and rent the others.

I have found Triplex that I think will fit the bill.  It has potential, and the seller is out of state and wants to get sell bad.   Seller is willing to do owner financing.  I have the cash saved up to make this deal work, I will be doing much of the work myself, but estimated expenses as if I was contracting it out.

So... here it is:

https://docs.google.com/spreadsheets/d/1pC_u4uiDaM...

I would love to have you more experienced folks tear it apart for me!

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