Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Philip Seymore

Philip Seymore has started 2 posts and replied 8 times.

Post: how to make it work

Philip SeymorePosted
  • baltimore, MD
  • Posts 8
  • Votes 4

I'm trying to Figure out how to make this potential deal work.

Seller wants to sell but not right away because they still use the house for some income.  The Mortgage is paid off. 

How can I strike a deal where they can still receive some income from the property, but I can purchase the home and make my share and eventually (1-2 years away) own the home and eventually get full profit from this 8-unit property. Thanks

I concur! San Diego CA is my favorite spot

Brad and Remington i appreciate your input.

Remington What do you mean about W2 income.

Thanks Austin, I take that to the bank! literally 

I have the tax returns. However, they said that My job has to be similar in back round. Transitioning into a new/non familiar venture takes away the consistency of my past income.

Brian, Thank you, I will follow up on that advice

I'm Looking for options to buy multi family or residential if I have not established income for a year. Cash buy limits me some. Owner financing, i have to really search.I have solid liquid funds and my credit is excellent.

I'm looking for Idea's,  Thank's