All Forum Posts by: Tony Johnson

I am looking to purchase 2 off market triplex buildings in California. The seller is willing to owner finance the properties. My question is can i get an FHA loan for both properties where they pay 95% of their appraisal. Would it be possible to ask the seller to hold the 5% and get this property with no cash down? Both triplexes are fully rented and rents can be raises on the property by 100 bucks with a little TLC. I am a new investor and wanted some strategies on how i can go about acquiring this property possibly without putting cash down.

I am looking to purchase 2 off market triplex buildings in California. The seller is willing to owner finance the properties. My question is can i get an FHA loan for both properties where they pay 95% of their appraisal. Would it be possible to ask the seller to hold the 5% and get this property with no cash down? Both triplexes are fully rented and rents can be raises on the property by 100 bucks with a little TLC. I am a new investor and wanted some strategies on how i can go about acquiring this property possibly without putting cash down.

I am a an investor in the Northern VA area. Looking to go into my first multi family unit property. Looking to partner with a seasoned commercial investor for my first deal. Looking to partner on a deal and the investor will get huge profits from the deal!! Mentorship partnership in other words. Have deals i am actively pursuing in the Baltimore, MD area.

Josh, 

I just sent you a PM regarding this offer. 

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1215 Summit St

(google map)

duplex

Duplex for sale in Findlay, OH. Upper unit is at $625 per month and lower unit is at $650 per month. Rents can be raised in both units by about 100 bucks with some renovation in each unit. Each unit is 3bd 1ba. Renovations include flooring, and bathrooms. Tenants are currently on a month to month and both are willing to stay. First floor tenant does yard work and there is a shared 2 car detached garage. Tenants pay gas and electric. Owner pays water and trash. I am direct to the owner. Price is negotiable.

View report

*This link comes directly from our calculators, based on information input by the member who posted. Need some help analyzing this deal. I am a newbie when it comes to the multi family investing. So just want to make sure i get tips from you seasoned investor! Thank you BP

View report

*This link comes directly from our calculators, based on information input by the member who posted.

I am looking for private money to help fund this deal!! 

Jim can you send me more info on this property to [email protected]

Sean could you send me more info to [email protected]

@Kate Hall could you send me your inventory list to my email. [email protected] 

Thanks

Tony