What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

If you can roll into another deal then I would sellGood LuckGino

I mentioned to him that I wanted to get started with investing via wholesaling and after some chatting, he brought up his willingness to be a paid mentor for me to get my first deal.He said he would teach me Real Estate Economics, investor psychology, and how to find and build the right product/deal for an investorHe charges $150 a call if I book a batch of calls or $195 a call if I book one at a time.

This statement screams SCAM:"My acquisitions team will find you a fix & flip property in the next 30 days, renovate the property for you, AND my investors will fund your deal...

Arijit, Congrats on the deal, sounds like a great asset to add to the portfolio.

Lets assume that you run your numbers, and after accounting for projected expenses like vacancy, repairs, capex, management etc, you think the deal will bring you an average of $300/mo.

There is 167k left on an 11 year loan at 2.8%.The property technically has a negative cash flow of $200 a month.They have just retired and do not want to deal with the upkeep or a rental.

I’ve started to explore the “creative deals” side of real estate & honestly it’s pretty amazing.

Infinite ROI.What made you interested in investing in this type of deal?