All Forum Posts by: Alex Wells

@Avery Carl I developed a relationship with the seller over the past few years and he is ready to sell. Thank you for your input. I will definitely consider this method for getting the deal done. 

@Austin Works no sir, the deal is too good. 

@Erik W. thank you for the response I will get it all in writing.

I’ve reached a purchase price agreement for an off market triplex. I don’t have enough money for the 20% down payment at the moment. The seller is aware of my situation and is willing to wait for me to get the money together. Should i get a purchase agreement signed? What’s is my next step? Any help will be greatly appreciated.THANKS!

That is a rough area in Chattanooga. Hope this helps and good luck.

Good evening BP community!!

Need help/advice on buying a property using seller financing.

Do I still get an appraisal and inspection?

Any advice will help.

Thanks!!!

@Tom Shallcross thank you. I’ll look into them.

Name a few real estate investing books you would recommend to someone just starting out.

I’ve read Brrrr and The book on Rental Property Investing. Thanks, I look forward to everyone’s feedback.

@Jaysen Medhurst Tenants would be responsible for utilities. I own a lawn care company and will also factor that in the rent. Thanks for the feedback i really appreciate it.