All Forum Posts by: Donna Mc

Thanks everyone,

I decided to skip on this for now and put my focus back to wholesaling for the time being.

Thanks for the replies. I don't want to wholesale these. I want to possibly purchase for my own portfolio. I am just trying to gauge how creative financing would play a part, if the numbers work well. 

Rents on one of prospects, according to rentometer has a the potential rent for $760 per month per unit. I am still finding out more information about the properties in question to see if they are potential deals worth going after.

Hello BP Community,

Here is my dilemma. To get started in REI, I wanted to wholesale to get funds to purchase rental property. However, in the mist of searching for deals, I have come across some multi unit properties that are under $200,000. All of these properties state to have long term tenants all ready in place. I have found 2 properties like this (both are duplexes).

Here is my dilemma, I would need to look at some form of creative financing with as little money down as possible.  What would be possible options with little money down? 

Thanks! 

Hey Cameron,

As others have already stated. This seems to be a market that you may want to consider getting your feet wet in. If people are coming to you, then that is telling me that there is a need that needs to be filled. 

Many years ago, I was going to start out investing using the lease/option route here in Georgia. But never took the plunge. 

Good luck!

Thanks for the welcome!

Hello,

I am new to Real Estate Investing and looking to get started with wholesaling in the areas of North Fulton, East Cobb, and North Dekalb (Dunwoody area). I decided to quit procrastinating and go ahead and get started. 

So here I am, Ready to jump in and so far I have already spotted some potential deals. 

Look forward to working with some of you!

Donna