Updated almost 3 years ago on . Most recent reply
Private Money with Turn-Key Property
Hello everyone,
I am seeking some advice on avdeal that I found, and also some information on using other peoples money for more turn-key type properties.
Deal Details.
Cash Price of $99,000, seller fiance of 10k down, 625/month payment for 30 years. 5 bed 2 bath. Duplex. Unit 1: $895 Unit 2: $1000. Gross rents per month is $1895 per month. Expenses of $1473 per month. I used the rental property calculator on here and it will cash flow net of $421.
I was looking if anyone has strategies to use to use Other Peoples money for this down payment. Also I do have the money for this deal, just looking for information.