All Forum Posts by: Tyvon Davis

I’ve got two solid opportunities in Peoria, IL for buy-and-hold or creative investors:

1️⃣ 2-House Package on Sheridan 61604

• Current rents: $1,300 each (with room for rent increases)
• Tenant out-of-pocket portions: one pays $500, the other pays ~$200
• Both Section 8 backed = reliable payments
• Cash flowing from day one
• Strong upside for investors looking to push rents closer to market

2️⃣ Newly Locked Up – Peoria Ave 61603

• Asking price: $45,000
• Arv: 80-90k
• Rehab 5-10k needs carpet paint minor things
• Clear title through Peoria Title
• 10-day inspection period
• Closing set one month out (flexible for serious buyers)
• Potential rental, flip, or creative exit strategy

Im looking to assign to a buyer or partner up on these deals. 

What does partnering up look like? Also, what would you rebuttal back to the seller?

I've stumbled upon a fantastic opportunity with solid cash flow! I negotiated seller financing for: - Purchase price: $400,000 - Monthly income: $6,000 - Interest rate: 4% The seller requests a $160,000 down payment. My dilemma lies in sourcing the $160,000 down payment.
Cash on cash return is 23%

Thanks for the input