My father in law is wanting to sale all of his property in the next 2 years how do I go about buying them with the least amount of money out of my pocket
Have a business plan and present it to your father in law. Ask for seller financing that is zero dollars out of pocket with a X year balloon.
It will lower cash flow but if you took all the cash flow for 5 years and aggressively saved it you could slowly refinance out of the seller financing into a normal loan and then you father in law has spread out his capital gains burden and you get properties. How many you talking about?
Where at in Central Florida are you located
He has 14 doors
I have one door looking to add more how do I go about it in this market