All Forum Posts by: Brent Raver

Good Morning! 

I am interested in using owner (seller) financing in order to acquire a rental property (hopefully a few).  I had the idea to find a developer who is building and selling townhomes and see if they would be willing to make a deal with me. 

Has anyone tried this? Do you have any tips? What are some of the Pros/Cons? 

I am interested in trying to find someone who is willing to do owner financing because I do not have enough money for a traditional mortgage. I am very interested in new construction because I will not need to renovate/ and I believe it will attract the type of tenant I want. I am not worried about cash flow (it would be nice) but if I break even every month I will be happy! I am in it for the long run and want to focus on building up the equity... At least for now as I try to get my first rental! 

Thank you for your advice! 

@Kevin Sobilo I will definitely try that out! The only place that came to mind where I think this would work would be with short-term rentals... Thoughts???

Is anyone out there doing high end BRRRR? Is there a market for it? I am just looking to learn more! I am a carpenter and want to be able to work on expensive houses and have the ability to make the numbers work while still focusing on the craftsmanship

Hello, Darson I am still working a W2 job so whenever I do work for someone now it's on the side, but that can always change depending on the situation!! haha! I am going to join that Facebook page today! 

I am located in Ankeny and would love to help any investor in the area with any "contracting" work they might have. I am not a licensed contractor, but I have worked for a remodeling company and can help with almost anything related to rehabbing houses!!