Sign up to save your podcasts
Or
Share Ep 130 Pt. 4 Offer Structuring On An Overpriced 8 plex
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Ep 130 Pt. 4 Offer Structuring On An Overpriced 8 plex
On this series we go in depth on structuring terms on an overpriced property. This is a hard one and I really had a hard time coming up with my own offers so get your calculators out and see if you can come up with your own offers...
Here is the key notes-
Asking too much to wholesale. Too much to buy with own cash . 8 unit townhomes, 2bed 1bath. Could be sold individually. Free and clear asking 649K, prefer cash or short term financing 2 years or less. Rent $5,150. Tenants pay for electricity and water. Market rents are 750-800/month. Long term tenants. Low rents
Property Info:
Taxes- 6K
Insurance 3800
Landscape- 840
Management- 4800
maint/repairs 4800
Utilities- 3000
Hope you enjoy, And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.
View all episodes
By Cody R, Nicole K, and Jeff Rappaport: Real Estate Investing and Creative Financing Expert
4.8
157157 ratings
On this series we go in depth on structuring terms on an overpriced property. This is a hard one and I really had a hard time coming up with my own offers so get your calculators out and see if you can come up with your own offers...
Here is the key notes-
Asking too much to wholesale. Too much to buy with own cash . 8 unit townhomes, 2bed 1bath. Could be sold individually. Free and clear asking 649K, prefer cash or short term financing 2 years or less. Rent $5,150. Tenants pay for electricity and water. Market rents are 750-800/month. Long term tenants. Low rents
Property Info:
Taxes- 6K
Insurance 3800
Landscape- 840
Management- 4800
maint/repairs 4800
Utilities- 3000
Hope you enjoy, And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.