Drink it up!

if you ever want to chat feel free to contact me and meeting up for coffee or a drink and talk real estate or investing in general I would love too.

We both have full-time jobs that generate a healthy income where we can save roughly 5k per month without giving up too much of what we enjoy (eating, drinking, travelling)I am a mason by trade and have run a general contracting business, so I have done all work to-date; however, its taxing if not full-time.  

Some creative financing ideas:Ask the seller to loan you 100% of the purchase Do an installment down payment agreementGive the seller a note - pay him a percentage of the rent you will be collectingGive the seller a post dated check - post dated for 2 years for the down paymentOffer a blanket mortgage on another property you ownAsk seller to repair something (we call it the"Front Porch clause) instead of him doing it, he gives a check in that amount that it will take to do the repair - you endorse the check and give it back to him as the down-payment.Borrow SOFT MONEY on another property you own or from a relativeBe a limited partner on the deal - they refi or borrow money on their property - you make the payments over time with a nice interest and don't forget a buy out clauseAsk your girl friend, your Mother or drinking buddies - offer a free apartment for a limited amount of timeAsk the owner to finance 100% of the deal - keep him in as a limited partner Offer 20% more for the building if the seller will take back a principal only mortgage (that is without interest) offer a balloon payment and split notes.Ask the seller to let you manage the building for a year - collect the rents and make improvements from the rents receivedOwner financing with split notes (details on this to come)Proposal marriage to the owners daughter - make friends with the seller's wife - let him know you really want this property - beg for help - tell him you are a nice person - just getting started Offer a Hybrid offer - offer less - improve the building and give seller 20% of the profitsTry a Delayed Settlement with right of possession and subject to the mortgage - you make payments until settlement 1-2 years later.

They've been over for dinner, drinks on the roof deck, dropped off baked goods to each other, etc.

I was at a bar association meeting last night for dinner, the attorney I sat across from even bought me a drink, by the time it was my turn to buy, the other attorney next to me had to go.

**I invite friends out to beautiful Lake Merritt for a drink instead of going to the bar.

After doing something awesome, be sure to enjoy an awesome dinner/drinks/dessert! 

Don't know if that was a typo or a joke...but if I had been drinking a glass of water when I read this, it surely would have come out of my nose...I'm now imagining you in bed with your s/o, along with Abraham Lincoln and Millard Fillmore...

However, not everyone is drinking the Kool Aid.