All Forum Posts by: Jordan Davis
Jordan Davis has started 1 posts and replied 1 times.
Post: Using a private investor to purchase real estate

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So I'm new to the REI world, I have done researches over time on different strategies to get my first investment property started. I've been blessed with finding a private investor to purchase the property and put up the rehab cost only charging 2% interest on the back end. An 870 sqft house fell in my lap at a low cost. I've been dealing with the owner for two months trying to get everything figured out. I also spent the same amount of time trying to get everything figured out with my investor to have her lawyer draw up a contract on the borrow money. Well I had found out this week after talking to the security & title company that the home owner name is on the lease with her husband but her husband did not leave a will. She agreed to drop the price by 5k if I cover the heir affidavit and closing cost. How can I implement this in the contract? And which route am I needing to take? Is this something worth doing or running from? And last will doing the heir affidavit take up too much time that it might scare my investor away?
SOmEbODy HeLP mE!! Lol