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Updated almost 4 years ago on . Most recent reply
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Southeastern MA Beginner Looking for a Partner for Deal(s)
I have come across 1-3 potential properties that are and can be great “Rental” properties. All 3 properties are located within walking distance of a college and one is guaranteed already rented through 2022 at a $35K income and a second one states it rents to students (but did not state it was already rented but I would think it is since that school is now in-person session) and that one says it has a $25K income and the 3rd property is across from the school but they are listing it as a SF with an In-Law apartment but I would bet anything the new owner (whomever it ends up being) will be smart if they turn it into a rental as well for the students and since that home is larger than that 2nd one the income would most likely be closer to if not higher than that $35K.... So I am looking to partner with someone because I can get financing but they don’t like to let their borrowers who plan to have rental properties to have a Credit Score below a certain point (I am working on repairing mine to raise it) so instead of missing these (or any one of these) opportunities, I thought I would go and see if I could find a partner to help and we could work together.....