Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
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: Gamal Noble

Gamal Noble has started 1 posts and replied 3 times.

Quote from @Mitch Messer:

Hey @Gamal Noble, in which state is this property located?

Also, what are the seller financing terms being offered?

Lastly, what cash flow and cash-on-cash return are you projecting to earn, assuming you find your hard money loan?

Thanks! 


 As far as cash flow goes, I'm going to have the home customized to maximize cash flow 

Quote from @Mitch Messer:

Hey @Gamal Noble, in which state is this property located?

Also, what are the seller financing terms being offered?

Lastly, what cash flow and cash-on-cash return are you projecting to earn, assuming you find your hard money loan?

Thanks! 


 Seller is Flexible on terms because he is a friend. So it will depend on how much the lender is willing to contribute to the deal. House is in South Florida 

Investment Info:

Single-family residence hard money loan investment.

Parents neighbor is willing to do some seller financing if I can get a hard money loan for a good amount of the purchase price. Then will help me renovate to maximize cash flow or flip for a profit.

What made you interested in investing in this type of deal?

Opportunity to own the home next door to my parents with favorable terms from the seller

How did you find this deal and how did you negotiate it?

Been friends with the neighbor for 15 years

How did you finance this deal?

Still working on getting financing from a private or hard money lender