Skip to content
General Real Estate Investing

User Stats

23
Posts
6
Votes
Shawn Pehrson
  • Insurance Agent
  • Saint Paul, MN
6
Votes |
23
Posts

New Rental Property

Shawn Pehrson
  • Insurance Agent
  • Saint Paul, MN
Posted Dec 29 2015, 11:18

I just picked up another project and was able to purchase it with Zero out of pocket. Yes really Zero I got a check at closing for my earnest money back and also a check for the first draw from the rehab budget. I financed it threw Pine Financial Group. After the rehab is done I will be refinancing out of the hard money loan into a 30 yr fixed and still have very little too no money into the deal. I am going to be recording the process and sharing Videos on Youtube if you would like to follow along and ask questions.  I have done some flips and also hold other rentals. I work in the MN Market and am always looking for more deals.  Here is a link to the first Video that I made of the walk through. I will do updates and video's after demo, construction paint and a finished project.  I will be closing on another one tomorrow that I will be doing Video on as well. Let me know if you have any questions. And wish me luck on the next project

www.youtube.com/watch?v=0QaQ1L9F9lM

Loading replies...