Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

9
Posts
2
Votes
Jason Shaffer
  • Real Estate Investor
  • Beverly Hills, CA
2
Votes |
9
Posts

Creative investing

Jason Shaffer
  • Real Estate Investor
  • Beverly Hills, CA
Posted

Hi BPers,

Here's two situations...what are some options

Situation A:

I have a "lead" who has a 100k cash for an EMD to buy a 500|+k house now! Banks wont touch her, for the balance...she called the realtor and all he wants is to go by the books...she's a very motivated BUYER...I suggested Homeowner finance for her... I also said I would help her find PM to finance the rest (and maybe she can even put down less then 100k!...is there anyway I can profit from putting a PM and her together (perhaps a finders fee)?

Situation B:

KInda of similar...I have friend who is a (newbie agent) she came across a Motivated seller who is currently renting their house. The renters want to buy the house. The renters are her new clients...again banks wont touch these renters...Again I suggested Homeowners Carry, perhaps PM, and lease option for the renters....am I on the right track her for her?  And as an investor is there anything I can do in this situation other than buying the prop out right and re-leasing it to the current tenants? PS apparently this house needs some renovating on the roof...waiting for some renovation #s from my friend.

Thanks...

J

Loading replies...