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All Forum Posts by: Neelam Khanna

Neelam Khanna has started 11 posts and replied 23 times.

Post: Pre foreclosure leads

Neelam KhannaPosted
  • Posts 23
  • Votes 8

Hello

I’m a new investor and looking for leads. Just wanted to check for any sites where I can get pre- foreclosure leads and how can I got to seller to work out something. 

Thanks 

Quote from @Nicholas L.:

@Neelam Khanna

impossible to answer any of these questions without more info

Hey sure. Any specific info ?

Hello

I'm a new investor and looking around for creative finance. I have seen a property which is perfect for STR and is Triplex. The property is listed by agent and is in market for almost 3 months now and he just lowered the price.
I need some advise please.

The place is listed almost 50k above the market value. It need a good rehab for me to let it for STR. So when I speak with seller about the property should I offer his listing price?

I am interested in pitching seller financing with lowest down payment as it needs rehab. I believe the seller is financially sound bcaz the place is empty and not even rented presently. Any thoughts on terms like 8 year balloon payment etc. 

I was thinking about availing homestyle renovation for rehab. Does it make sense ?   

Any more thoughts or ideas you can suggest. Thanks 😊 

Hey they moved it to classified. Sorry wasn’t aware about it. Thanks 

I am new to real estate investing and am looking for a partner to help me out in the Asheville area! please message and share info. ! I am looking to just network myself and want to make some contacts. Thanks 😊 

Post: JV for flip properties

Neelam KhannaPosted
  • Posts 23
  • Votes 8

Hello.. I'm looking for flipping properties. Have spoken with lenders and most of them suggested that since I am new to this the down payment and interest rate would be on higher side. They recommend to JV with someone who has been doing it for long to get benefits. Now how can I find someone who can partner with me for some flipping projects.

Hello

I am planning to start with flipping properties. Honestly I am getting some off markers serials for areas which are an hour and half away from my place. Need suggestion/ advise on the following points: 

1. When we go to look around the property, what all should we look from rehab point of view besides details shared already by the sender? 

2. How do I find a local contractor who can help me with rehab? 

Any other points which you can suggest. 
Thanks 😊