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Josh Pryor
  • Investor
  • Evansville, IN
5
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27
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HELP! Potential deal but need advice!

Josh Pryor
  • Investor
  • Evansville, IN
Posted
I know of a property that is being rented currently, that the owner wants to sell as a rental. The owner has moved 4 hours away and doesn’t want the hassle. I currently do not have the capital to take it off his hands. What would be some creative ways to work this in my favor and cash in on this property with ease? Any suggestion helps.

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2,689
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Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
2,220
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2,689
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Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
Replied

If it's a good enough deal, get an 80% bank loan and ask the seller to carryback 20% for a certain amount of time. 

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