Created Owner Finance Deal

[Drew Poniewaz]

Investment Info:

Single-family residence note investment investment in Ferguson.

Purchase price: $27,000
Cash invested: $1

I used private money to buy a property, then sold it with owner finance to another end user and keep the spread.

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

Phenomenal way to cash flow without dealing with tenants.

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

Hud Property.

How did you finance this deal?

Private Lender

How did you add value to the deal?

Created an opportunity for a buyer that was unable to secure a traditional loan.

What was the outcome?

Performing cash flowing note. Steady stream of income for an investor.