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All Forum Posts by: Kyle Wenger

Kyle Wenger has started 25 posts and replied 42 times.

Post: Private Money Example

Kyle WengerPosted
  • Lebanon County, PA
  • Posts 49
  • Votes 6
Hello everyone, Can someone walk me through the process of finding/using private money? How do you go about presenting a deal to someone that has the cash and convince them on the deal. What are ways you write up a contract with a private money lender? Do you pay them over the course of time, all in one lump some? Can you provide some examples of how you used private money and worked out a deal with a private lender?

Post: Running the numbers on a rental

Kyle WengerPosted
  • Lebanon County, PA
  • Posts 49
  • Votes 6
Hello everyone, I found a property in my hometown that is a multi-family unit with garage rentals as well. This could potentially be my first investment property besides the one I currently live in. Although I browse the MLS, I never actually did the numbers for most of the ones I look at. What are the steps to finding out if this is a good deal, besides obviously looking at the property. I already love the location and all of the units and garages are currently occupied, so that in itself is appeasing, but I need to run the numbers. What are those steps?? Appreciate all your help in advance. thanks!
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