I found something the other day and will be doing a tour of it tomorrow.4 Family $150Kit has 2 tenants currently paying $875 each and I think it needs a new roof, carpets and paint.Taxes are $6,775 per yearI think it could make $4000 a month easy with the other two apartments rented and the rent adjusted to the market.Does this seem like a good deal?

I'm starting to shift my focus to wholesale and investor flips and I can do those locally once I have some more reliable sources of private money lined up.Ryan, I've heard of your group and hope to attend a meeting soon!

You do it for potential private money too.

Don't I also need a contract in hand for my private investor, so that I can have all financing in place?

This is one of the neat things about commercial there is a big enough pie to make working with private money good for all involved.

Thread If you could ask one thing about how to raise private funds for real estate investing what would it be?

so are most ppl in this board real estate agent or private owners?

If I use private investing, what can I expect to pay for the money?

They seem to be helping alot.One will fund the whole purchase price.I also have a private/hard money lender at 8.5% and 2pts that we may use.

I hope your right.I just finished touring the property (2nd time), and gave the realtor representing me the necessary paperwork.My Realtor didnt come right out and say it, but he thinks my offer might get tossed, especially if multiple offers are involved.