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Updated almost 8 years ago on . Most recent reply

User Stats

7
Posts
5
Votes
Jim Bear
  • Investor
  • Gilbert, AZ
5
Votes |
7
Posts

Just did a $400000 deal for $0 down

Jim Bear
  • Investor
  • Gilbert, AZ
Posted

I negotiated with a seller and got him to finance 20% of the purchase price on a 12-unit building and had the Bank do an 80% LTV which allowed me to retain all of my operating capital. It was a little nerve racking but I am really excited about it. It was just confidence and mindset going into the deal coupled with an outside the box financing structure executed with a great presentation plan. Couldn't be more excited about it.

Most Popular Reply

User Stats

151
Posts
63
Votes
Jonathan Safa
  • Rental Property Investor
  • Temecula, CA
63
Votes |
151
Posts
Jonathan Safa
  • Rental Property Investor
  • Temecula, CA
Replied

@Jim Bear that is so fantastic! I'm sure a lot of us would like to hear more about the intricacies of this deal and maybe even get a chance to review your presentation plan. 

Well done and congrats on the new deal!

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