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All Forum Posts by: Victoria Dransoff

Victoria Dransoff has started 12 posts and replied 35 times.

Post: First Flip

Victoria DransoffPosted
  • Malvern, PA
  • Posts 37
  • Votes 3

Happy Monday!

I have been a buy and hold investor for a while and have been happy doing so.

A deal has come my way for a flip.  This being my first, I would like like to partner with someone.

Details:

Montgomery County, PA

5/2

Award winning school district

Price 228k

ARV 370k(ish)

Rehab estimated around 40k

Drop me a line if interested.

Post: Just getting my feet wet

Victoria DransoffPosted
  • Malvern, PA
  • Posts 37
  • Votes 3

In what area of the country are you located?

Post: Just getting my feet wet

Victoria DransoffPosted
  • Malvern, PA
  • Posts 37
  • Votes 3

Thanks so much!

Post: Just getting my feet wet

Victoria DransoffPosted
  • Malvern, PA
  • Posts 37
  • Votes 3

Good Morning BP!

My name is Victoria Dransoff, I currently own 3 units (one duplex, one SF) in Pottstown, PA.  I have owned the duplex for @15yrs and just bought the single recently.  I am strictly a buy and hold investor at this time.

I am hopeful that I can use the wealth of knowledge on this site to help take me to the next level.

Thanks!

Post: Help crafting a seller financing deal

Victoria DransoffPosted
  • Malvern, PA
  • Posts 37
  • Votes 3

Good Evening All,

While this is my first post to this site, I have been reading a variety of posts over the last few months.  I am a buy and hold investor with two units under my belt for the last 15 years.  I am looking to expand my portfolio.  When I purchased that property it was through a conventional loan, so I don't know much about being creative with financing.  I would like some advice on the following prospective purchase:

5unit+6 garages (all occupied) for sale in Philadelphia for 297k

Monthly income 4100/mo.

Owner will consider financing part of the deal. I am asking for help in coming up with the terms. I would like to be able to bring an offer to the table and negotiate from there.

I have access to a $100k line of credit that I am using to acquire properties.  I would like to use as little cash out of pocket as possible.  What is a reasonable offer?

I appreciate any help you can offer.