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Updated over 11 years ago,

Account Closed
  • Real Estate Investor
  • Novi, MI
132
Votes |
437
Posts

What do you think about this letter?

Account Closed
  • Real Estate Investor
  • Novi, MI
Posted

Hey BP,

I have decided that I'm going to send a couple of letters out to small multifamily owners in a local city to see if I get any leads. What I would ultimately be looking for is an owner finance deal so I wouldn't even have to go to a bank since I'm still a student and don't technically qualify for a traditional bank loan yet. Anyway here is what I have so far.

Hello Mr. Smith

My name is Nick Keesee and I am a real estate investor looking to purchase multifamily properties in Monroe. I noticed you own a property at 123 Monroe St and it peaked my interest.

Have you ever considered selling the property? Have your tax benefits run out or are you tired of dealing with tenants? If so I might be interested in purchasing your property and saving you money by not having to pay a high realtor commission.

If you are interested feel free to contact me at 123-456-7890 or email me at [email protected]

Thanks for your time and I look forward to hearing from you!
-Nick

What is your honest feedback on this? Good bad or ugly...it doesn't matter to me. I would like to hear :) I know the letter doesn't really insinuate that I would like an owner finance deal but I don't know how I could possibly say that right off the bat and still have people call me. That seems like more of a negotiation that would have to take place after I talk to them.

Any insight would be helpful!

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