Creative financing noob looking to build relationships.

Creative financing noob looking to build relationships.

New Jersey/ National · Member since 2023 · 41 posts · 13 votes

Hi, my name is Nat and I am just getting started in real estate investing. I need to build my portfolio, possibly with a wholesale deal, but ultimately want to buy and hold, making positive cash flow. I would like to network with other investors and colleagues who are knowledgeable about subject to’s, no money down deals, and building relationships with professionals like real estate agents, real estate attorneys, private attorneys, money lenders, property managers, title/escrow companies, contractors, etc. that can help grow my business. Looking for passive income rather than flipping houses or wholesaling. Thank you. 

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  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    What in particular do you want to learn? 

  • New Jersey/ National · Member since 2023 · 41 posts · 13 votes
    3y
    Quote from @Eliott Elias:

    What in particular do you want to learn? 

    I want to know how to pull off a sandwich lease from start to finish, remotely without setting foot on the property. 

  • Dawn BrenengenBusiness Member
    Moderator
    Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
    3y

    So you'd lease the home from someone and then turn around and rent it to someone else? Is this for short or medium term rentals? Or for long term?

  • Member since 2022 · 6 posts · 9 votes
    3y

    Welcome to the REI world.

    If your interested in sandwich leases look into Ron Legrand, he is the OG/Godfather of the sandwich lease niche. 

    If your going to dive into lease options please look into Dodd Frank Act to make sure your in compliance with any laws regarding the rent to own / lease options. 

    Feel free to reach out with any questions . 

  • New Jersey/ National · Member since 2023 · 41 posts · 13 votes
    3y
    Quote from @Pierre Ligon:

    Welcome to the REI world.

    If your interested in sandwich leases look into Ron Legrand, he is the OG/Godfather of the sandwich lease niche. 

    If your going to dive into lease options please look into Dodd Frank Act to make sure your in compliance with any laws regarding the rent to own / lease options. 

    Feel free to reach out with any questions . 

    Thank you. Ron Legrand, got it. 
  • New Jersey/ National · Member since 2023 · 41 posts · 13 votes
    3y
    Quote from @Dawn Brenengen:

    So you'd lease the home from someone and then turn around and rent it to someone else? Is this for short or medium term rentals? Or for long term?

    Yes. I’d say medium term, until the next buyer buys the property or until the first lease contract ends. If I’m seeing this correctly? 
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