All Forum Posts by: Kyle Smith

Welcome to the States, @Tom Port. One thing that stood out in your initial post was the thought that you need to have a Green Card in order to borrow money. That is probably true if you're only thinking of borrowing in the traditional sense from a bank or credit union. There are tons of other ways to raise capital/structure deals that you could begin to explore immediately. 

I just read @Brandon Turner's book on Investing in Real Estate with Little (and No) Money Down. Really eye-opening in terms of the limiting beliefs I had regarding ways to finance deals. 

You can pick it up in the Bigger Pockets bookstore... 

https://www.biggerpockets.com/store/no-money-down-...

@Heidi Kenefick

Lots to consider and doing your due diligence is certainly important. It sounds like you’re in the driver’s seat though...

@Heidi Kenefick Although I’ve never walked away following a bad inspection I have used it as leverage to renegotiate a lower price. As others have said, take the amount of repairs needed and subtract from your initial offer.

The sellers are already motivated and now that these issues have come up and they have been made aware of them, they’re required to disclose them to any future buyers. They are probably more likely to get the deal done with you than with a whole new set of buyers

Kyle

Great idea. I'd be interested