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All Forum Posts by: Angela Beers

Angela Beers has started 3 posts and replied 11 times.

Post: Seller Financing Question

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3
Quote from @Lee Yoder:

@Angela Beers, if I'm the seller and you ask me about seller-financing, I've got to see how seller-financing is better for me than selling it in a traditional way. I believe you can offer 3 benefits:

1) Decrease the seller's tax bill by spreading out his gains. 

2) Increase his return by paying him interest on the money he is loaning you.

3) Give him a piece of the equity you are going to create through your repositioning. 

Here's an idea: what if you get a loan for $700k, but the seller agrees to a purchase price of $200k and let's you put the other $500k back into the property. So, he's only paying taxes on a $200k gain. 

You can pay him 5% interest on his $500k during your repositioning, and then give him another 5% on the back end when you complete your cash-out refinance. 


 Yes! This is really good! Thank you! 

Post: Seller Financing Question

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3
Quote from @Eliott Elias:

Have you looked up what the benefits are? If you still can not pitch it after seeing the benefits DM me. 


 Yes, I know the tax benefits conversation. I was looking for my specific example. How to structure that so it's a win win. Thank you! 

Post: Seller Financing Question

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3

I need some ideas on how to pitch seller finance for purchase + rehab! 8 units, vacant, needs a full reno from office spaces to 8 apartments. Purchase price 700K reno 500K all in 1.2M. ARV 2.2M - Exit strategy DSCR 30yr - cash out refi. Thanks!

Post: New To Investing, Trying To be a birddog.

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3
Quote from @Josh Milewski:

Hello everyone. I'm new here and investing. I'm trying to break into it by starting out as a birddog. I'm not confident enough in my deal finding to try wholesale yet. Any advice?

I didn't see any specific rules on this but if missed them please let me know. 


Hi Josh! I found a big wholesaler near me and work with them for almost 4 years. I started off on the phones, qualifying leads and setting appointments, then I started doing inside sales and then I became a sales rep. I learned SOOOOO much. How to calculate ARV, rehab costs and of course the ins and outs of wholesaling. Go straight after what you want and don't waste time!

Post: Commercial Space to 8 Unit Multi-Family Projected NOI 118K

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3

Thank you! I will def let you know. Have a great day!

Post: Commercial Space to 8 Unit Multi-Family Projected NOI 118K

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3

Yes! That is what I am trying to do. I want to as prepared as possible before meeting him on Friday. 

Post: Commercial Space to 8 Unit Multi-Family Projected NOI 118K

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3

Thank you Chris! Very helpful. 

Post: Commercial Space to 8 Unit Multi-Family Projected NOI 118K

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3

I will bring a contractor with me when I do my walk-through and get some idea of numbers on the reno. What if I raised 600K and offered to pay in cash so I wouldn't need money for the purchase. Would I still go hard-money for the reno?  Let's say I have 6 investors put in 100K each on a 12 month note. Could I use a DSR loan based on the proforma with a property not rented yet? 

Post: Commercial Space to 8 Unit Multi-Family Projected NOI 118K

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3

4500 sq ft. commercial space recently rezoned for 8 2bd/2bth apartments in a great location with an excellent school district and huge upside!  I have been looking at this property for 2 months as it's just sitting vacant and I drive by it every day. I found the seller, called him and he would like to sell before dealing with the "hassle" of renovating it. We are meeting next week to walk the plans. Market value in it's current condition is between 650-700K my projected value after completion is 1.5M, a 7.9% cap. How do I fund it? Purchase, reno and refi into a long term loan product? Thanks in advance! 

Post: FIND THE DEAL or FIND THE MONEY!

Angela BeersPosted
  • Real Estate Agent
  • Delaware County, PA
  • Posts 15
  • Votes 3

Thanks! I appreciate the feedback!