My name is Neil and I have  recently  worked with my  first  client in setting  up  a  real estate business and in order to get started, I am interested in deal evaluations and making offers as a wholesaler and with creative deals in the Los Angeles area.

Hey everyone,
I thought of this hypothetical scenario where I would do a seller-financed deal on a property valued at $250,000. I plan to put down $100,000, leaving a seller-held mortgage of $150,000 at an 8% interes...

Thanks Kevin, Thanks Peter..Good info, we are trying to get cheaper money by financing it ourselves and getting 1 partner in on the deal.15% do seem high, i can see myself running for the fences at 15%, but like you all said, every deal is different and we do have to find creative ways to play with the numbers.

Should I go; FHA, Conventional or Creative?

I don't want to sell because I'm in an appreciating neighborhood but definitely need to look in to some other, potentially more creative solutions.Any help would be much amazing, thanks everyone for taking the time to read my post!

Have you found creative ways to market properties when buyers may be more focused on the holidays?

Sure, there were a few hiccups along the way (like when a shipment of materials got delayed), but with some late-night calls and a bit of creativity, he turned it around.On the flip side, turnkey properties offer immediate cash flow with less day-to-day hassle.

Not too much room to do creative financing at those rates and arrears from at least my creative scope.

Pros- the loan costs for this will be less, depending on their underwriting approach (creativity and aggressiveness) then they might do the first-year interest-only allowing you to rehab and put in long term financing without having to refinance. 

Any creative parking solutions?