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Creative Real Estate Financing

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Jeremy Walker
  • Soldier
  • Colorado Springs, CO
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How To??

Jeremy Walker
  • Soldier
  • Colorado Springs, CO
Posted Aug 21 2014, 13:04

Hello to all, I'm hoping to get some good answers/suggestions here. I have been reading alot on this forum and finally decided to upgrade my membersship as I hope to only leanr more and utilize the weath of knowledge here. Now this is my question...background I'm currently in the Army with about 5 years remaining. My mother owns some properties that she has had for awile and no longer wants them. She is willing to sell them to without wanting a profit as they are have a good amount of equity in them. I know it not the best source but I used zestimate to try to figure the value. You can see the breakdown below. Also I will be getting a lump sum of money in January est $21,000.00 and am wanting to utilize it to help in my purchase(s).

House 1 Owed 34k zestimate=65k

House 2 Owed 45k zestimate=85k

House 3 Owed 80k zestimate=99k

House 4 Owed 36k zestimate=61k

My question what is the best route to buy these properties?

Thanks for all your help in advance.

V/r,

Jeremy

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