Financing Ideas For Turnkey Pocket Listings
While networking with other real estate investors, we came across someone who is looking to sell their rentals off market. All of these rentals are pretty much turnkey and require very little work as they were already rehabbed. We are in the process of closing on 2 of the 12 properties he has offered us, which is great, but now we are short on capital for down payments on the remaining units until we either do a wrap around loan on these 2 properties after closing or refinance. My question is this: with little capital now, what are some ideas or strategies we could use to start purchasing the remaining properties he is willing to sell to us? Our projected purchases are under market value and we are wanting to move on the remaining properties to capitalize on this opportunity. Thanks!