All Forum Posts by: Skyler Smart

@Jonathan Pavkov I’m looking in the Columbus market. I don’t have enough cash to buy something out right at the movement. Just trying to figure out ways to get something going.

@Stephen Brown that would be amazing! So basically it would be a mutual 50/50 ? They are the invested as I would find the deal , manage the property?

If you could give me some situations on how that would work ideally I would greatly appreciate it!

Currently just left my job in Michigan to move back to Ohio and now getting a loan is going to be a little harder then I thought. Any suggestions i should do for getting my next rental without getting loan ? 

@Bakary Bojang downpayment and we got the seller to toss 5k into closing cost so we saved some cash out of my pocket!

I've been doing a lot of research but can't seem to find what a private lender and someone starting out would have mutually benefiting to each other? If someone gives me the cash to invest in a multi living home and we split the cash flow 50/50. I get I will be managing the property but how does the lender benefit with putting all that money out there with me not putting cash up ? Any answer/ guidance would be greatly appreciated.

Investment Info:

Single-family residence buy & hold investment in Reynoldsburg.

Purchase price: $179,000
Cash invested: $6,000

First house I lived in. Now I'm just renting it out looking to move onto multi living homes!

How did you find this deal and how did you negotiate it?

great realtor and perfect timing.

How did you finance this deal?

through a financing company. 3.75%