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Updated over 10 years ago on . Most recent reply

User Stats

34
Posts
12
Votes
Detra Harris
  • Real Estate Broker
  • Oakland, CA
12
Votes |
34
Posts

What's the best approach for a newbie's first deal?

Detra Harris
  • Real Estate Broker
  • Oakland, CA
Posted

Hello :)

I have a client who will be retiring this year and would like to invest into a small apartment building to obtain retirement income.  She has been on the job quite a while, credit not perfect but fair, planning to use her 401K for the purchase -- no experience and she does not currently own a home.  Conventional? Hard Money? Creative Financing?

Thanks for the feedback!

Detra

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