All Forum Posts by: Jasmine C.

Thank you for the advise. That really helps me figure things out

I have a property I want to seller finance to a prospective seller but I have never done a seller financing deal. I am trying to learn what is fair for myself and the potential buyer. it is a SFH 3/2 that is currently rented for 1175 with a year long lease. good condition in a ok neighborhood. The buyer is not able to get a loan because of high DTI and is working on selling off some non performing properties to become eligible to get loans again. This will take a year so they want a seller financing for only a year. The property is worth 100-110k with a 63K mortgage of 4.3% on the home. They can put 5k down now but once their properties are sold they will have enough down payment for a traditional loan when they get their own financing in a year.   They want to own it on title and we want to keep the mortgage in place until they get their own financing and have that pay off the loan.  could you help me understand what is considered to be a fair term and price for short term seller financing?

Hello. I’m purchasing a single tenant commercial building and my cpa said I should purchase the building as 50/50 separate ownership like tenant on common vs a partnership llc because it’s easy to sell and he can do our taxes as a single member llc. Is this common to purchase a building this way? Pros and cons?

Hello. I’m purchasing a single tenant commercial building and my cpa said I should purchase the building as 50/50 separate ownership like tenant on common vs a partnership llc because it’s easy to sell and he can do our taxes as a single member llc.  Is this common to purchase a building this way?  Pros and cons?

He has posted his brrrr Video on our meet up site. Www.facebook.com/westsidemeetup  

Hello Fellow Investors!

Why Not Now Asset Management Co presents, CJ Calio, our guest speaker for the month of June. CJ Calio is a buy and hold, out of state investors and the owner of Why Not now Asset Management, a passive income solutions provider. He works with other investors and busy professionals to create passive income through real estate, so they can retire with monthly cash flow. CJ has worked with multiple investors and partners to raise over 4 million dollars to purchase over 60 residential and commercial properties in the past four years all while keeping a full time job and raising three wonderful children. CJ is a licensed real estate salesperson in Hawaii with two years’ trained experience in marketing and sales. 

CJ will be teach us about the BRRRR (buy, rehab, rent, refinance, and repeat) strategy and how he has used it to grow his own portfolio out of state for himself and his investors. Do you want to buy out of state but don't know how to start? would you like to learn how to grow your portfolio without a lot of money?

Please join us on June 26th @ 645 pm, at the Kapolei UPS Store, located at 590 Farrington Hwy Suite 524 for a night full of valuable information and networking opportunities. RSVP is appreciated. Limited seating available.

Why Not Now Asset Management Co

Thank you for the reply

Thanks Michael. I’ve reached out to him in the recent past And he said he would not make my contracts because he isn’t excepting more work.  If you have anyone else I would appreciate it. 

Does anyone know of a good real estate lawyer?  I have a deal we are partnering on and we will need an operating agreement created.   

I recently purchased my first office building in the KCMO area.  I am looking to connect with others in the commercial industry to grow my network in the KCMO area.  I am looking for...

1) commercial realtors

2) commercial property managers (small commercial buildings under 20k sq ft)

3) other office or retail building owners

4) commercial appraisers and inspectors

if you are or know anyone who is one of these four people lets network