4-Plex in Washington State
BP,
I am approaching my 1 year live-in time for the use of a VA loan and have been searching for the entire year for my next property and may have found it. However, I just started finished all of the work on the place I am living in and dumped a bunch of money into this the previous month and am no where near where I would like to be to jump into a new deal. The deal I have found seems very tangible and cashflows under a "worst-case" scenario. I am willing to share the analysis I have completed with someone for some advice. I am really looking for some more info on structuring a deal that is not on the MLS and I have yet to get Brandon's new book.
My biggest questions:
What categories of finance fall into "Creative Financing"?
How are the contracts drawn up?
What are the functions the title company can provide/is it dependent on capabilities?
If I were to present this to a group, or individual, how in-depth should my delivery be? I feel like it should be as in-depth as possible, but I have yet to teach, present, or sale anyone on anything outside of the military.
Any feedback is greatly appreciated and I hope to contribute as much as possible to BP as others have done for me.
Tyler