All Forum Posts by: Kem Anderson

I'm looking for an investor or lender that would be willing to work with me on nontraditional financing. I have a great opportunity for an investor that would like to make a profitable return on some real estate transactions. I've already tried everyone I know. I've had people go in on deals For 30,000 or less, but they are not willing to go in on bigger investments. I have also used hard money, before I understood that every broker is not made the same to say the least. Are there any websites platforms or databases where you have found reputable peer to peer lending? 

This is what I have so far I plan on posting this to our local real estate investment groups and also on Facebook marketplace in my area. Anyone please try me in with suggestions on how I can make sure if this is attractive to buyers.

Anyone looking to buy and hold 

5 single family homes

2 sfh 3 bd 2 bth

1 sfh 3bd 1 bath

2 sfh 2 bedroom 1 bath

$465k as is value. 3 Properties are rented to long term tenants, 1 is rent ready, 1 is vacant.

Terms

Option 1: $410k for all 5

Option 2: $450k for all 5 with $200k down Payment and seller financing for $250k.. 7 years at 8% No prepayment Penalties