Posted by Jason Brooks on April 06, 2006 at 24:56:19:
I am looking at a 3- and 4-plex in Dothan, Alabama (90 miles from Panama City Beach, Florida). My credit score is around 650. 3-plex is priced at $82,500 with approx. $800 per month rental income before expenses and the 4-plex is priced at 125,000 with approx. $1200 per month rental income before expenses. Not sure how much the seller will put into the deal if any. How would I go about asking if he will take back seller financing when we are dealing with a real estate agent?
Financing with a Real Estate Agent - Posted by Jason Brooks
Posted by Jason Brooks on April 01, 2006 at 22:11:28:
I am interested in a few properties that a real estate agent found for me. Can you still obtain properties using only bank, seller, and other forms of financing? My goal is to purchase real estate with no money out of my pocket.
Re: Financing with a Real Estate Agent - Posted by Chris Flindt
Posted by Chris Flindt on April 05, 2006 at 18:12:28:
Yes, you can create no-money down Investor deals.
Where are you looking to buy?
What is your credit score?
What are the purchase prices?
How much will the seller be putting into the deal?