All of the “we buy houses” or “close in 5 days” signs you see are potential buyers for your next deal.

The quicker you and the Banker can help them close, renovate, refinance and repeat will help them build their REI portfolio, increase their overall wealth and keep buying more homes.  

I just closed on a duplex in Dayton for $189K $1100 a door and have an investor closing on a 4 unit for $325K in Indy with great rents that cash flow over $1000 a month.I have seen Indiana, & Ohio pick up some major heat over the last 3 years for investors while Boise falls somewhat short.

Immediately before closing the sale dissolve the LLC and distribute the property to the former members so they are all tenants in common. 

How can a seller credit be paid once the closing costs are already covered?

Hi @Pat Lulewicz - I’m looking to purchase my first investment property in early 2025, with the goal of closing, rehabbing, and renting it out by summer 2025.

Close on the property- Purchase a Home Owners Warranty to cover the HVAC. 

Some will assist with down payments or closing costs and only require you watch some videos to become a better informed buyer, so win-win.

So far, I’ve sent out a few mailers and gotten some responses, but nothing’s closed yet.

Yep, I ALWAYS recommend doing an inspection prior to close.