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All Forum Posts by: Mike McFadden

Mike McFadden has started 24 posts and replied 45 times.

Post: Deal construction/Creative Financing for Probate Deal

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Can someone help me understand the best way to propose a creative financing for this deal? Probate deal- PR is closing out estate and proceeds will go into trust for grandchild (12yrs old) of deceased. ARV 200,000, probably needs 15,000 to finish some upgrades. $90,000 outstanding mortgage. Very rural creating a selective group of buyers I would suppose.

Any help and/or ideas would be greatly appreciated.

Post: Creative Financing for Probate Deal

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Can someone help me understand the best way to propose a creative financing for this deal? Probate deal- PR is closing out estate and proceeds will go into trust for grandchild (12yrs old) of deceased. ARV 200,000, probably needs 15,000 to finish some upgrades. $90,000 outstanding mortgage. Very rural creating a selective group of buyers I would suppose.

Any help and/or ideas would be greatly appreciated.  

Post: Tracking and managing leads

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

question. .. I am a wholesaler in Colorado and wondering who you guys are using for Leads.   I have done probate work but looking for other lead sources that work for us wholesalers. 

Post: Ci Connected investor

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Has anyone else had any experience with ci connected investor?  They are offering off market leads for properties at a cost obviously.  I just want to know if anyone has anything positive feedback on doing business with this company. 

I just another post about them being a scam in the last 2 days. 

Post: 4 plex construction

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Weld county. No plans yet just generic idea. Guessing 1000 sq ft units. 2 up 2 down. Garden level on the 2 down.  

Post: 4 plex construction

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Can anybody help out with info on what it would cost to build a 4 plex in Northern Colorado?  

Post: Solo 401k plans on sale now!

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Justin I do not know but I will be looking into that. Can I email you if I were to want to change managers?  

Post: Solo 401k plans on sale now!

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Justin I have a question I have a solo 401k account open already.  We have 25K in the account now.  Our intent is to purchase a property using the money and put it in the account. If a property cost $39,000 and I only have $25,000 in the account how can I get  that property?    I am willing to use cash for the remaining balance of $14,000 but I want to know is that allowed or what are the rules and what are my options?

Thank you for your time. 

Mike

Post: Greeley Colorado

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Does anyone know of a property management company in Greeley Colorado that they would refer.   

Post: Greeley Colorado

Mike McFaddenPosted
  • Investor
  • Greeley, CO
  • Posts 50
  • Votes 3

Hi everyone

I need to know if anyone has any property management companies in Greeley Co they would refer.  

please email me at 

[removed email]