Britt Griscom
15 Overpriced Condos, but Only 10% Down
We own 16 condos in a complex in Santa Fe, NM. We have the opportunity to buy 15 more using seller financing at 10% down with the rest amortized over 30 years at around 6%. We are negotiating each of these terms.The 1...
Deep Patel
Anyone finding Value-Add Multifamily?
Has anyone been able to find good value-add multifamily opportunities in South Jersey or NJ in general? Any price range is fine, but especially interested in apartment buildings around 1.5M.
Mike Ry
Is this a way to pay cash and refi immediately? or am I crazy?
I'm just brainstorming, and this is my first post, so if this sounds crazy, I apologize in advance. Tell me if this could work:
1) We're all familiar with the advantages of buying properties for cash. The drawback ...
Grant Griffiths
Rentals for lower credit scores
Hello all,I am selling a client's home that have around 500 credit score from a Bankruptcy last year. We are searching for rentals/rent to own properties and aren't having much luck. Private landlords seem to be more ...
Dodie Clasen
Obtaining Financing
I am considering investing in a triplex which is completely occupied and will cover all expenses, have a little left over to apply to extra mortgage payments and satisfy all rations. A good buy! However, I'm trying to...
Garrett Blanchard
master lease or owner finance ideas
There is a 4 unit (1/1) units for sale by owner close to me. I do not have the down payment due to it being wrapped up in another deal. I am looking for ideas how I could approach the owner with a master lease or owne...
Scott Ryan
borrowing private money and legal consequences
I have found one answer in the search but not directly related to this. I'm interested in the idea of borrowing money from others. But from what I understand there was rules with in the SEC for this. I'm not sure if t...
Connor Kline
Ways to get tenant out of lease early to FLIP the house?
There is a property I am interested in purchasing, the catch is the tenant still has 10 months on the lease. My question is, are there ways to get them out of the lease to rehab and flip? I am looking to get a hard mo...
Mathew Hilton
Deal Structure for Off Market Deal
Hi all,
I'm a relative newbie, I just starting establishing systems to look for off market deals (D4$, cold calling with a dialer, etc). My cold caller identified this lead and I wanted to see if I could come up with...
Jeffrey Bland
Getting offer accepted
I am trying to buy a duplex that is need of updating. I made an offer over a month ago of $90k and the list price is $129k. They countered at $128k. It has now been about 5 weeks and they haven't lowered their pric...