Drive around and called the realtor How did you finance this deal?

Drive around and called the realtor How did you finance this deal?

The tenant pool can be lower end in Winnipeg but if you invest in the right areas it will often qualify for CMHC financing in terms of affordability. 

Take a good look at potential purchase opportunities and run the numbers, then decide about buying, then financing.

Drive around and called the realtor How did you finance this deal?

I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.

Before you can tell, you need the answer to a lot of different questions and then know how to apply them:What is the remaining term of the assumable financing?

I'd anticipate financing wise at least 6 months but would always recommend a 18 month financing term on your loan if your getting one. 

Or a DST which absorbs all your debt but still leaves you with some cash flow because of the institutional financing already on the DST property.  

Purchase price: $1,150,000 65% bank and 35% Seller Financed in second position.