All Forum Posts by: Zane Clarke

XD That's an amazing discount! Way to go

Hey Jenn, 
I am curious how you worked this one out? Was this a situation where you needed to walk away from the deal or were you able to get money left in escrow? 

Thank you :)

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Iowa City.

Purchase price: $170,500

Duplex
2 bedrooms 1 bathroom per unit
Unrented Garage
Big back yard and deck off upper unit

What made you interested in investing in this type of deal?

Being able to House Hack it!

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Conventional Loan through Credit Union

How did you add value to the deal?

Renovations
-Vinyl windows
-Kitchen Cupboards
-Front Door
-stone vinyl siding

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Worked with a realtor from Remax, whom I would not recommend.

Hey Tony!

Sounds like you set some awesome goals amidst a difficult time! I was wondering how things have been? How did you handle the derecho? 
let me know if you’re interested in a meet up sometime in the near future?

Thanks so much for the reply Louis. I appreciate the time and thorough detail! So much great information. 

Hello, 

has anyone structured a deal with seller financing in which you take over the mortgage for the seller? 
How does the seller benefit or recoup any of the equity they’ve already put into the house?

Thanks for your time!