Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Dave Mitch

Dave Mitch has started 2 posts and replied 3 times.

Would a seller ever offer "seller financing" on a property? 

Hello.

I have very little capital liquid capital (3K) available, and have just purchased a home with a low down payment.

I see a slam dunk investment opportunity in some houses.  They are only worth about 130K-150K which is not a large home investment. 

Is there any chance to receive a financial backing to move ahead with this project? 

Like would a local bank meet with me and hear my sales pitch and consider backing/loaning to me? 

I know that i am bringing too little to the table for a real estate investor to partner with me.

Thank you for your feedback

Post: Johns Hopkins Hospital area for rental properties

Dave MitchPosted
  • Baltimore, MD
  • Posts 3
  • Votes 0

Hello.

I work at Johns Hopkins Hospital, and have insight and resources to make a nice profit renting to a never ending pool of superior tenants. 

I have good credit but lack the net worth/owe to much on my own home to take advantage of this. I need a partner to provide the net worth/majority of the down payment (you would own more equity than me obviously) for a partnership. You would own the equity that you put down when we do a partnership contract.

I have two friends who own investment properties in a particular area near the hospital, and both were able to quickly and efficiently rent their homes out by the bedroom to grad students/residents at the Hospital using a strategy and resource i suggested that only a Johns Hopkins employee would have access to use.

My one friend closed on a home, and within a week had 3 graduate students under contract renting bedrooms from him in his 3 bedroom property, making a profit of about $500 a month after the mortgage. This was due to the information i gave him.