Do you guys still buy package deals or is individual home buying the trend.

I am purchasing two rental homes as a package and we are wrapping the note with the existing bank. $80k Purchase Price. 10% down and the owner is holding the note on the other 10%.Bank has agreed to refi in 90 days - 6 months with 15% - 20% down. 

I am purchasing two rental homes as a package and we are wrapping the note with the existing bank.$80k Purchase Price. 10% down and the owner is holding the note on the other 10%.Bank has agreed to refi in 90 days - 6 months with 15% - 20% down.

I am purchasing two rental homes as a package and we are wrapping the note with the existing bank.$80k Purchase Price. 10% down and the owner is holding the note on the other 10%.Bank has agreed to refi in 90 days - 6 months with 15% - 20% down.

I want to make sure the property is worth it before we run that final search.For packages, I usually farm the title work out and that takes more time.

While I would suggest getting one of their packages to help you professionally you might be able to just watch their videos and gain enough information to start a corporation and business credit that way.

All the packaged ones I've seen are pretty much DIY and come precharged for up to a 25 foot line set.

This will cost you up front but then you can take that package to friends, family, local RE meetings, attorney, etc.... 

One piece of advice, ask for a package from the investor that includes summaries of their last 3 deals and a full pro forma on their proposed deal.

I have just put together a package to start my LLC and have gather a team of 2 realtors and an awesome contractor and I'm eager to get going.