Here come dem butterflies!
I think, well, I HOPE I've finally found one. It's a 6-plex deal in Florida. The listing says turn-key, but the photo's say otherwise... But, I'm expecting that. As long as there's nothing major. It'll be a private money, interest only/first year deal @ 10%.
My stomach is turning. The self doubt is setting in. Is this the right property? What happens if it's not? What happens to my marriage if it's not ;D? So many variables. But if I sit here and over analyze it, then I won't do it.
Even dealing with a somewhat pushy agent "We can do the contract instead of you waiting for your attorney" (How about F**K NO!) or "We usually grant three days for inspections." (I'm out of state good sir. Ima need at LEAST 30 days to get things arranged/reviewed.)
But it's the fear of failure that's gnawing at me. All the what if's. Funny thing is, I deal with what-if's on a daily basis at work. And I tell people all of the time, "We can what-if this to death, but that won't get you anywhere. You still have to make a decision on what you have in front of you. Right here. Right now." And so I am.
So... here we go.. into the deep end.
Comments (1)
Good luck Aaron. Let us know how the inspection turns out and if you get it under contract!
Would you be interested in sharing how you arranged your private money? When did you start looking, where did you look, how did you organize the business structure / debt / equity, what was your pitch like?
Danny Kirschner, almost 8 years ago