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Updated over 6 years ago, 06/13/2018
Wholesaling / Creative Finance Question
I need help guys. I have a house under contract. Owner is a 70+ year old investor and just trying to offload the house.
- Triplex investment property. 3 Bedroom/unit
- Fully rented out. 2 of units are Section 8.
- Price is $250K.
- Positive Cashflow
- That price is close to the retail value (Zillow & iCOmps).
- The house can appraise to $325K (just based on recently sold house in that area and income)
I am having a hard time marketing this house. (I posted some groups and craigslist)…
As an investor, how would your market this house?
Are there any creative types of finance that I can use to acquire this house myself? And then sell later or Hold on to it. I don’t have potential down payment to straight up buy the property..