All Forum Posts by: Zachary Chrisman

Hi all, I have to potential deals with motivated sellers and trying give them a couple options for cash or creative financing. They are open to creative.  Can you help me identify if these are good creative finance deals? 

Deal 1. Asking 75k but bottom line is 50k. She has a young 5.25% interest rate at $513 /mth payments. The property needs around 40-60k to make new again. House is worth 140k conservatively once fixed up. Once fixed could rent for 1500-1700 /mth. How do I close this deal with favorable terms?

Deal 2. Seller just wants out ASAP. No equity in the property, young mortgage at 8.5% owing 155k. Property needs 84k worth of renovation work to make new with an ARV of 215k. Property could rent for 1500-1900 depending on quality of renovation.

Love any and all thoughts on how you guys would take down these deals. 

Cheers, 

Hey Mate, I shot you a direct message regarding working together. 

Hello all, my name is Zac Chrisman. Originally from CO but lived in Australia the last several years. My wife and I recently moved to the Outer Banks of NC to start a home flipping business. We are looking at buying run down homes from the Virginia boarder all the ay down to the Outer Banks. We are looking for single family homes that either are distressed or have a distressed seller. We are looking for good reliable contractors that are willing to build a partnership to add value to our coastal cities of NC. We are looking to partner with wholesalers who are experts in finding good deals. 

Homes are a integral part of our society and our economy. Many of our lives are spent with family in a home. They are important. We want to be apart of helping people be a better neighbour to neighbourhoods. We want to see holistic change in our coastal cities. 

Come and be apart of our journey. 

Zac