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All Forum Posts by: Jordan Gilberti

Jordan Gilberti has started 3 posts and replied 5 times.

I have a few people in my network that have offered to fund my next real estate purchase. What is a typical way to structure this that is fair? Let's assume I am the one finding the deal, managing the property, everything. They are simply writing me a check for the downpayment/rehab. Is 50-50 fair for equity? Or just straight loan with interest? Or a combo of the two? Thanks so much for your input!

I have 2 rental properties currently, and it's becoming clear I will need to creatively finance my next ones since my cash on hand is low. How are people finding seller finance deals? Is there good software to help find leads with this? Or any other successful strategies that have worked for folks?

Also I will be self managing it for the foreseeable future (next 3-5 years), as I am doing with my other unit in that complex. 

Thanks Ben and I appreciate your input! This is a condo, so major expenses like the roof are covered by the HOA. I own another unit in this complex and the expenses have been quite minimal (maybe $1,500 over the 2 year period), so I figured I was being conservative with the ~$2,400 estimated annually in repairs. Vacancy is a good catch that I agree with and will adjust those numbers. Really appreciate the help here.

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