All Forum Posts by: Hoa Nguyen

 Yeah I plan to push it, but from her POV she does need the upfront money to start a passion project of hers. 

 They aren't super big units, and 50k-60k is average for this small town for the sqft. I was skeptical at first as well, but I also know what to look for when it comes to red flags. 

Hey everyone! Have a situation that I want some input on. What financing options do you think is best for this situation.

Lady is selling 6 individual condominiums in the same complex and is willing to do a bundle deal. Each unit is for sale at around 50k. All units have tenants and each unit is in great turnkey condition. She bought the homes with funds via HELOC. I really want these units! But the problem is financing. I love owner financing and CFDs, but unfortunately she isnt willing to. What other options do I have that will give me a lower to no downpayment if any?

 Shot you a message! Appreciate it!

 That's a possibility, I have a rental near Scott. Possibly picking up 6 more, but not for STRs

That's definitely the catch. Now I wouldn't play down the hospital advantage, all of the major ones are there. Outside of that, plenty of shopping, and eateries, and the city is 20 min or less away. The one comparable in the neighborhood has a 90% occupancy rate from what I am seeing. 

 The property I am looking at is in the Creve Coeur area near the big hospitals

Hi I am looking to invest in a property with the intent to use it as an AirBnb. It is in a nice area in St. Louis. My question is before jumping onto the deal, is there any resources that allow me to see what competitive comparables rates are? I don't want to pick something up that won't get booked and would love to see if others in the area have a good booking rate. 

Lots of CFD questions lately as I am dissecting the process for a future deal.
The topic of insurance and taxes came in while reaching out to potential sellers. 
I know in CFD situation, the seller still technically pays the mortgage but does so via the funds provided in the monthly payments made by the CFD buyer.
Does this apply to the taxes and insurance? Or does the seller no longer take on that responsibility by name? If that's the case, how do you go about getting insurance and taxes in your name as a CFD buyer?

Hello all, looking for some clarity on a potential Contract For Deed sale. I possibly want to sell one of my properties to an investor connection I have via CFD. I am still confused on the process, specifically with the current mortgage process. Do I continue to hold the mortgage in my name and just use the buyers monthly payment to pay the current mortgage or do I call the bank and transfer that over. Same question applies to insurance and taxes. Thanks!