All Forum Posts by: Gabriela Johnson

Let’s say I’m the investor and you’re the seller. You want to sell me your house for 545k and take over the loan then buy it back for 650k in 4 years. The loan is now covered by me, and you rent my house for 2500, but the mortgage is 3500. So at this point , I’m covering the extra 1000 per month. At the end of 4 years I have now paid 48000 and you now want to buy the house back. You buy the house for 650k which means over 4 years I’ve invested 48,000 and made 57000

Adding the assignment fee, let’s say 10k, and the buyer has now profited 47k In 4 years from investing 48k , about 10,000 a year. Would people be interested in that? Maybe buy and hold investors? A lot of people are saying this wouldn’t work can someone please explain why? Because for people that buy and hold I thought their return would be at the end of the hold, not Necessarily cash flow.

And what about the risk? Let’s say it’s worth it. But at the end they opt out of buying it back. What happens at that point with the investor and the house? I think that makes sense the way I explained it.

They’re a so much info I’m trying to grasp sorry if this is an obvious question.

This may sound weird /crazy and I may be crazy for this but hear me out. I’m in the Portland Oregon area, I moved up here from California with a friend that now wants to move back. I am now looking for a place to rent. I came up with this crazy idea of renting a room from an investor that would be willing to mentor me. I am an entrepreneur at heart and would just like help. Not financially but to help pretty much do what mentors do. I’d be a great side kick. I work full time so I can have a steady income , and save money/ participate in my hobbies . I’m also a student. I will literally work around the clock for free in exchange for mentorship and guidance . Even with the rent thing out of the picture I’m still currently looking for an intelligent individual to learn from. Hope you guys don’t think I’m too crazy for this but I want to go all in with my goals. So here’s this crazy idea. I figure if anyone is interested send me a message and we can further discuss. Thanks!

@Catherine Emert that makes sense. I’m also wondering how they would afford the mortgage . I didn’t think about all of that before I made the post. There’s a lot of numbers that would have to be switched around I’m assuming like the selling price would have to go down or the rent would have to go up ?

Would you guys buy a house from someone then let them buy it back a few years later? Is that a good investment for you? If so, how much would you have to make in what amount of time? These people are paying rent as well after selling. Hope this makes sense!

@Chace Fraser awesome thanks for that info! I’d love to meet up sometime, I will reach out soon

@Lydia T. Thank you so much! I’ll definitely be reaching out

@Frank Patalano thank you for this!

Hi my name is Gabby, I’m new to BP. I’m just getting started in Wholesaling and would like to network with other investors, buyers, agents, etc in my area. I’m currently in Portland Oregon. I’m willing to work for buyers, for free, in exchange for mentorship , advice, tips , etc. I pretty much want to build relationships with the people around me so that In the end it can be a win win situation and we’re both making money. One of my strong suits is communication and research. But yeah. I look forward to networking with you all.