All Forum Posts by: Ashley Cast

Hello BP Members,

I have a question about analyzing for sale by owner properties.

When it comes to the comps do you only consider properties that are over what the owner is asking? Or do you consider all properties that are similar bed, bath, year, SqFt, and in good condition no matter if the price is lower than what the owner is asking?

I have found a few for sale by owner properties that are asking more than what the area is selling at and are in the need of repair.

Hello Biggerpockets members,

I am considering working on buy and hold properties, single family and multi-family. Though, I would need more education on how to do and what to expect when dealing with multi-family homes. I have read a few of the articles on here that have discussed how to analyze multi-family homes.

I do have a couple of questions revolving around the financing. Since, I do not have a steady income, I would have to consider creative financing, hard money loan, and private money or another way of financing a deal. With using a hard money loan and in some cases creative financing would require some money down. Which I do not have much saved.

I have looked around my market to figure out the average rent and I know with a hard money loan it would be almost impossible to make a monthly income off a deal if I were.

So my questions are:

Are there any other ways to finance a deal that would not require proof of income?

Would a private money source fund a down payment on a buy and hold property?

If, a private money source would fund a buy and hold property would I just take there return out of the income made for the month?

Any advice would be greatly appreciated.

Hello Alfred,

Sorry it took so long to reply. Had a busy weekend.

I am always available to chat through email and the message system here.

Hello Jo-Ann,

I am looking for properties in locally (Victorville, Hesperia, Apple Valley, Adelanto) as well as down below (San Bernardino county (Fontana, San Bernardino, Colton, Rialto) and Riverside).

Hello everyone,
I am Ashley. My background in real estate is limited right now. I am still starting out. I have been working on get a deal for over a year now, with no luck so far. Investing is my complete focus right now. Though I do assist in my father's business (construction) when needed. My goals in real estate is to do fix and flips, 3+ a month. As well as acquire 5+ rental properties a year. I came to join BiggerPockets through another investor I have talked to. He suggested to me to join and gather more information and find additional ways of bringing deals in.

I am hoping to increase my network here as well.

Looking forward to talk to you all.