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All Forum Posts by: Garrett Finnell

Garrett Finnell has started 7 posts and replied 16 times.

Post: Need ~$2.0M of Residential RE before year end

Garrett FinnellPosted
  • Realtor
  • Oklahoma City
  • Posts 18
  • Votes 2

Sending you a message with my email address. 
I've got discounted residential properties in the Oklahoma City Market that are ready to go right now. 

Post: Buyer wanting creative financing then buyout

Garrett FinnellPosted
  • Realtor
  • Oklahoma City
  • Posts 18
  • Votes 2

I'm currently selling 36+ new construction SFR properties at a discount.
I have an offer from a buyer who is asking for a 20% discount (which is more than I'm willing to let go of) and seller financing. 
I want some liquidity, so holding the notes long term doesn't make sense. 

Once we have an agreed upon price, he's going to take some sample notes and get quotes on them from some note buyers (he's a licensed loan originator). 
However, we won't have more concrete terms for the seller financing until we get quotes back from the loan purchasers. 

This whole concept is totally new to me. 
I guess my question here is what can I expect for terms from the buyer quotes, what are some ways I can continue to negotiate this deal, and is this even a good idea to pursue this method of "cashing out"?

We're willing to do a discount and get creative with the financing, but this concept is new territory for me.  

Post: Not new to RE, but new to BP!

Garrett FinnellPosted
  • Realtor
  • Oklahoma City
  • Posts 18
  • Votes 2

I created an account a while ago but haven't been back on since. 

Now I'm a licensed investment agent and analyst!
Thought it was time to come back and check out the community! 

Would love to connect with other professionals in the vicinity of OKC or even the Tulsa area.

Post: Real Estate Investor Looking for new Connections

Garrett FinnellPosted
  • Realtor
  • Oklahoma City
  • Posts 18
  • Votes 2

@Adam Compton we should connect! 
Would love to meet up with someone in the area.
Just sent you a message. 

Post: How to get a 30yr loan for an investment property

Garrett FinnellPosted
  • Realtor
  • Oklahoma City
  • Posts 18
  • Votes 2

 Just sent you a message. 
We should connect sometime and discuss what your long term strategy looks like.

If you are still having trouble with finding a lender, let me know and I can refer someone. 

Post: Advice/Handyman for SFH

Garrett FinnellPosted
  • Realtor
  • Oklahoma City
  • Posts 18
  • Votes 2

Chickasha is an interesting choice for a buying location.
If you don't mind me asking, what draws you to that area instead of somewhere like Shawnee or Guthrie? 
Might be a good idea to get in touch with a management service in town and ask if they contract any handymen for their general up-keep. 
I imagine it would be a good idea to hire someone who is already doing that kind of property work
Yellow Pages Link to Property Managers in that area