Related News Real Estate Entrepreneurs

Related Articles

Open discussion - ideas for funding

Looking for a creative idea for financing... Any advice and ideas are welcome? So like this: I don't have money?? It's already a good start and I want to purchase a property. I don't have a job, so I have no way to take out loans in Israel. I don't have enough properties in the US to get investor leverage on them. It's not really relevant right now for this property... We'll see you? This attachment may...

Responses

  1. Hi Dear Forum

    I will share from my humble experience ..
    A deal that started out as a regular flip deal.
    Respectable profit potential.
    All in 115, sale 185
    I recruited an investor to buy the deal just a few days before the property closed (this is also a delusional story in itself..but on another occasion?)
    My investor did not have the full purchase amount which was 80k.
    We offered the owner an owner financing deal.
    Amortization of two years, with an option to pay off before. and a monthly payment of $350
    The owner agreed to get 36k on closing day (relatively much to OF) but we went for it.
    The house is currently leased at $ 1550 a month (25% net return on money), located downtown.
    About a week ago, another investor of mine decided to join the journey and enter into a deal for the renovation amount.

    The "mother" investor is satisfied
    The "renovation" investor is satisfied.

    Get started another month and start renovating?

    Meanwhile, the "renovation" investor also began to receive passive income on his investment.

    Hope that helps you think creatively.

    Always think how "yes"
    Than "why not".

    Good luck champions?