All Forum Posts by: Anibal Vazquez

Thank you Stephanie so you attend the REIA meetings in bing? If so I look forward to meeting you also =]

This will be my first of many to try with a Bigger Pockets lender, hoping to start building a good relationship with someone starting out with a small deal.

Need Private lending. Small 25k Loan to close on a private deal with equity. I got the deal through hard work and creative structuring. After days of bartering and deal re-structuring I offered cash and he bit for the lower price. I plan to Refi- or HELOC to pay the lender off with a quick good ROI %. The money would only be locked up till we can get the refi or HELOC to kick in. Owner is out of town owner who recently moved the property is currently rented and generating income. This is a no brainer deal for anyone looking to do a quick EASY flip on a bit of their money.

 West Clinton st near the new LEECOM building being erected. I would love to connect sometime over coffee Brian. I am looking to meet as many fellow investors from the area as possible! How many properties do you have in your portfolio and when did you first get into RE. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Elmira.

Purchase price: $98,700
Cash invested: $7,000

First deal. Appraised at 107k bought for 98k using FHA loan. Looking to acquire 2nd investment property before the year is up.. just need to find a way to do so...

How did you find this deal and how did you negotiate it?

Realtor / MLS

How did you finance this deal?

FHA loan