Rental Property Investor · Prospect Heights, IL · Member since 2015 · 22 posts · 3 votes
I'm a real-estate investor with two properties and the third deal might be in my neighborhood. There's a ranch stile home in my town that has tarp on the roof for the longest time and I want to go knock on the door however I don't know what to do If the person agrees to do sellers financing or if he just wants to sell were I could be a wholesaler.
This is me assuming he wants to do something with the property, I would love some advice because I haven't done any of this strategies.
Wholesaler · Savannah, GA · Member since 2021 · 12 posts · 6 votes
4y
Both are great options. Make sure you analyze your numbers! If they are willing to do seller finance, do you have the capital to get that property to 2022 standards so you are able to rent it out ? That is something also to think about. I can't wait to see you post your first deal !
Rental Property Investor · Prospect Heights, IL · Member since 2015 · 22 posts · 3 votes
4y
@Kerry Noble JrHello, I went to talk to the person
and his parents past and the house is now vacant and he's planning to sell. There's no loan on the property so It might be a good candidate for seller's financing. The roof is destroyed in the garage space but inside is really outdated but workable. 3 rooms and 2nd half baths on a 3 acre lot. How can I structure a deal for seller's financing or whole sale?
Rental Property Investor · Prospect Heights, IL · Member since 2015 · 22 posts · 3 votes
4y
@Olivia CollinsHello, I went to talk to the person
and his parents past and the house is now vacant and he's planning to sell. There's no loan on the property so It might be a good candidate for seller's financing. The roof is destroyed in the garage space but inside is really outdated but workable. 3 rooms and 2nd half baths on a 3 acre lot. How can I structure a deal for seller's financing or whole sale?
Rental Property Investor · Prospect Heights, IL · Member since 2015 · 22 posts · 3 votes
4y
@Joe S.Hello, I went to talk to the person
and his parents past and the house is now vacant and he's planning to sell. There's no loan on the property so It might be a good candidate for seller's financing. The roof is destroyed in the garage space but inside is really outdated but workable. 3 rooms and 2nd half baths on a 3 acre lot. How can I structure a deal for seller's financing or whole sale?