All Forum Posts by: Erik Hatch

This is a very common strategy. You just need to evaluate the delta finance charges and fees. The key is to turn it quickly. 

Maybe focus on a value add/rehab and put in some sweat equity. 

@Kim Meredith Hampton I’m looking for investments as well.

Nick

Why limit yourself to DFW? It’s the same process in other markets as well. However the market would be different. Go wherever you need to.

Highly unlikely. You need to have some skin in the game in my opinion. 

@Zack McCall the banks who do commercial loans will be very helpful. You need to contact them and start asking questions. 

@Zack McCall if you can pool cash just like the small ones then do so and invest. The financing on 5 plus units is easier. The bank looks at cash flow of the property more so than your credit. 

Perhaps the seller will take back a note. 

You could always offer cash for keys.

@Jordan Burnett what a great idea!