Finanace Owner Transactions - What is your best deal? :)
Transactions owner finanace-
What is your best deal? 🙂
Transactions owner finanace-
What is your best deal? 🙂
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happily
Good luck to you too Tami Rozen
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?