Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Sam Jones
  • New to Real Estate
  • Las Vegas, NV
0
Votes |
2
Posts

What would an expert do?

Sam Jones
  • New to Real Estate
  • Las Vegas, NV
Posted
So I have an interesting situation and I would like some advice from more experienced investors. I'm a newer Realtor in San Diego, CA. I got into the business with the plan on taking money I earn as a realtor and investing that into Real Estate. I was prospecting earlier this week and met a very nice older lady. She had over $750,000 sitting in the bank doing absolutely nothing, she asked me if I could help her find a single family as a rental property. That's great and everything, but as soon as I was about to get off the phone she interjected that she actually would be interested in doing a seller finance deal. How would you handle this? Is there any strategy to where I could end up purchasing my first investment property with her seller financing? What would you do?

Most Popular Reply

User Stats

43,224
Posts
63,842
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,842
Votes |
43,224
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

she may be talking about simply financing her property .. or using the liquid cash to lend to you to buy another property... why don't you ask her  ... that's what I would do

business profile image
JLH Capital Partners

Loading replies...