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Updated almost 4 years ago on . Most recent reply

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7
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Scott Leuchtmann
3
Votes |
7
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Newbie with Deal Structuring Questions

Scott Leuchtmann
Posted

Hi - I've been listening to Bigger Pockets for a couple of years. I've agreed with almost everything I've listened to - especially the logic behind the BRRRR method. I've finally taken the plunge and taken action. I started a direct mail campaign. I've been getting a pretty good response rate but yet to turn anything into a deal. I found a deal on the MLS and hope to close on that soon. The offer was accepted so we are in the inspection phase. But - I've found myself in a situation where I'm a bit in over my head. One of my letters found a local investor that wants to sell their entire portfolio in order to move into bigger deals. I think the numbers work, but I don't know how to structure or finance something this big. I've been reading as many books as I can not expecting this type of deal to fall into my lap within three weeks of me taking action. Does anyone have some ideas where I can go to get more information or help building this deal?

Thanks in advance!

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