All Forum Posts by: Jerrell Slay

i currently have interest in a package deal, the deal is 3 houses in the urban side of town the owner wants 33.5k for each or 75k for all 3 houses, 2 houses have tenants  which pay roughly 900. The owner stated he would like to do the deal the traditional way and sort of shied away from the owner finance. Me and my wife have work to do on our credit and owner financing would be perfect for us to do. ( we definitely have people we know that would rent the properties so that is not an issue). Can anyone give me some advice on how I may be able to convince the owner the benefits of owner financing? Thanks to all

 Thanks for the vote just found out what that means lol

thanks Elizabeth buying and holding is interesting also for that don't you need cash up front? Thanks james

Thanks curt! I get it I'm am excited about this new adventure! Once I figure out which niche best suits me im all in. 

Hi, I'm new to REI what is getting a house under contract? Do I need money to do so? Is there a time limit on me finding an investor? And if all goes sour if I'm unable to find an investor what will happen?

 Thanks for your time and feedback