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All Forum Posts by: Troy Chambers

Troy Chambers has started 5 posts and replied 7 times.

does anyone have a Sales agreement i can use between me and my friend who is buying my home? 

Post: Equity Partners Needed

Troy ChambersPosted
  • Investor
  • Tacoma, WA
  • Posts 8
  • Votes 0

Ok, I have been looking and analyzing Multi family properties and negotiating seller contracts with the owners of these properties in the Tacoma, WA area. Now that I have a few good deals worked out i just need to find Equity Partners that would like to have a percentage % ownership of the property. I'm looking for partners who would only be supplying the down payment, and I supply the ability to get the seller financing negotiated, manage the property, and secure the mortgage later down the road. Please feel free to message me I would love to talk with you. Just send me a message. If you want I can send you the PDF of the Rental Calculator of properties that I am in negotiations with the owners. Currently I'm meeting with an owner of a 58 unit apartment complex in Tacoma to talk numbers for a Seller contract with 10-20% down and the rest on a seller contract. I'm reaching out now for Equity Partners. I don't mind giving up 50-80% of ownership to my Equity Partner, just as long as it gets us into a "Good Deal." 

Im in Tacoma, WA. I have found a commercial multi unit Property that is being build, found out who the archetect company was and then the builder and then the owner, The owner wants to sell, I ran the numbers and on a high price it meets 1.45% rule. I need an expert in evaluating commercial deals, an Attorney or someone to help me draw up the contract, and hoping to get it locked in through sellers finance, which the seller sounds open to. Where / who should I go to? Please feel free to give me name, numbers, and any helpful suggestions to get this done. Thanks

Post: Where can I find commercial Realestate investors

Troy ChambersPosted
  • Investor
  • Tacoma, WA
  • Posts 8
  • Votes 0

So I have done some more research on the property, purchase plus rehab will be $4.3million, and a rental income of $120,000 - $140,000 a month. Now how do I share the research and the deal that I believe I have found without someone (i.e. the investors that i'm taking this deal to raise the 20%) so they don't just take the information and run with it. It could take about one to two years to complete the rehab and then two and a half years to pay all the investors back. So how do i share all the details? 

Post: Where can I find commercial Realestate investors

Troy ChambersPosted
  • Investor
  • Tacoma, WA
  • Posts 8
  • Votes 0

I found a good deal in Tacoma, WA. It will meet the 2% rule. And that’s with a 6million investment. After going through the property with a lender, a contractor, and my Realestate expert. They all think it will take somewhere between 2-3 million to fix and flip. I would like to fix the 60 unit property, hold it, and manage it. I currently house hacked my home in Tacoma, then bought my neighbor’s house and make a 4% profit. I think I can do that with this place. I just need to know how to find the investors seeing how my money is tied up in my two houses. I don’t make a lot of money from working at Boeing and the national guard but I want to get to the next level of Realestate property rentals. I am pretty new to this world I just started out in May of 2017. Id like to close the deal and start on This multi family property as soon as possible, where can I find the money? 

Post: Rental lease for room renters

Troy ChambersPosted
  • Investor
  • Tacoma, WA
  • Posts 8
  • Votes 0

I have a one page document and thats it. I was hoping someone would have a lease I could look over and it could help me edit and add to mine. 

Post: Rental lease for room renters

Troy ChambersPosted
  • Investor
  • Tacoma, WA
  • Posts 8
  • Votes 0
I'm renting rooms out of my house and out of my second house does anybody have a full proof lease pertaining to renters that only rent one room out of the house?