How to present offer?
Hello I and 3 partners have 500K we would like to invest in purchasing multifamily property. Our goal is to look for a class C or B property that has existing cashflow and where we can add value. Our target purchase price is 1M. We would like to consider seller financing, assumable loan, traditional lending or mixed creative financing. Any suggestions on how to approach an presenting an offer when the time arises?
Tell your broker/agent you'll like to offer 1mil on property, sign offer and then submit?
don't over complicate things; making offers and buying are simple things. Getting both parties to agree takes more work but simple process.
@Felipe Dossou you need an LLX between investors and an operating agreement.
After that you find an investor focused Real Estate agent, tell him your goals and let him start putting properties in front of you.