All Forum Posts by: Sawyer Lubke

@Jesse Lynch Thanks for taking the time to share your flip success stories! Best of luck on your next investment. Cheers, Sawyer 

@Monte Mayer Welcome to BP from a fellow Twin Cities investor. Congrats on closing your first duplex and best of luck developing your portfolio! Cheers, Sawyer 

@Pari Thiagasundaram Could you sell it on a Contract for Deed or Land Contract instead?

@Ryan Anderson Welcome to BP! I'm an investor/agent based out of Minneapolis (in between Uptown and Downtown). I'm looking for a rehab/rental project currently. I'd be happy to grab a cup of coffee or a beer. Let me know when you are in the area. 

Cheers, Sawyer 

@Pete Sailhamer I'm trying to think of solutions to your problem. Is there anyway to have him put a lien on a different property you own to secure the financing? Is there a way you could do some type of joint venture agreement where he keep 10% in and then he gets a % of the profits from the building and when he's paid in full his ownership percentage disappears? Best of luck with this! Cheers, Sawyer 

@DuWayne Jones I would make a quick phone call to the county and ask them. I'm guessing the sale happened before it was recorded electronically. The county may even be able to provide you with the exact year they started entering sales into their system. 

Cheers, Sawyer 

@Andrew Eggimann Welcome to BP from a fellow investor/agent based out of Minneapolis!

Welcome @Steven Eitreim to BP. I'm a local investor based out of Minneapolis. Please feel free to post questions as you move along. Best of luck starting your investing career. 

Cheers, Sawyer 

@Account Closed I'm a local investor from Minneapolis. There are a lot of different ways to finance rental properties and the best one may depend on your situation. You can put around 20% down and buy with traditional financing (cheap 30 year money). Some investors buy/fix/rent/re-fi into long term financing. Some investors use commercial financing (closer to 5% IR and different terms). Some investors use seller financing. Some use private financing.  

No problem @Francis A. If any other questions come up, please feel free to ask!

Cheers, Sawyer