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All Forum Posts by: Vince Leydet

Vince Leydet has started 8 posts and replied 26 times.

Post: Help finding owner financing deals

Vince LeydetPosted
  • Investor
  • Pittsfield, MA
  • Posts 30
  • Votes 7

Any tips on where to find owner financing deals. I recently put one together that I found off of craigslist and now looking to find another, but haven't been able to find another for sale by owner. Should I contact RE agents and see if any of there clients would be interested? 

Post: Looking for a partner / inverstor for a flip in Berkshire county

Vince LeydetPosted
  • Investor
  • Pittsfield, MA
  • Posts 30
  • Votes 7

Hey everyone! Thanks for checking out my post. I have a great opportunity to flip a house a couple houses down from mine. I'm looking for a partner/ investor to assist in the flip. I have most of my money tied up in the purchase of a 4 family that I am closing on Oct 30th. Looking to split everything 50/50 even if you are a silent partner.

If anyone has ideas for funding that would be great as well. Thanks in advance!

Post: Thoughts on Commercial Lines of credit

Vince LeydetPosted
  • Investor
  • Pittsfield, MA
  • Posts 30
  • Votes 7

I was wondering if anyone has any experience using a commercial line of credit to purchase real estate? I don't have a LLC but could certainly create one. I was told it's possible, but was just wondering if anyone has ever done it successfully. Thanks in advance!

Post: What info should I expect from a seller on a 4plex?

Vince LeydetPosted
  • Investor
  • Pittsfield, MA
  • Posts 30
  • Votes 7

seems like everyone has pretty much hit it. I'm closing on a very similar 4 family Oct 30th and i made sure to get copies of leases, copies of receipts so I know tenants are paying, copy of his home insurance premium, I was able to get all tax information and receipts for repairs he has done in the last few years. 

Post: New (ish) Member from Massachusetts

Vince LeydetPosted
  • Investor
  • Pittsfield, MA
  • Posts 30
  • Votes 7

Collin, Welcome! What part of Massachusetts are you a agent in? I'm in Western Mass and  always looking for like minded people to work with and possibly do a deal with in the future.

Good luck with your first solo deal! 

Post: Berkshire county investor

Vince LeydetPosted
  • Investor
  • Pittsfield, MA
  • Posts 30
  • Votes 7

Hey everyone! Wondering if there are any investors in the area or the general area  (western mass) that I could connect and share information with. Im interested in both multifamily investing as well as flipping properties. Right now I have 2 property's totaling 7 apartments.