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Welcome To Investor Savvy RE Agents
Welcome to Investor Savvy RE Agents. Here we will discuss all forms of creative finance deals with experienced creative finance Real Estate Agents. Everyday it seems like we are getting more and more offers from investors or investment companies asking if sellers will take a “creative” offer. As with every industry times are changing and we need to keep up with these changes. We are here to educate and learn from one another to unlock our full potential and bring as much value to our clients that we can offer. Let’s drop a picture of your business card, QR code or social media handle in the comments so we can all network together.
Structure a deal
I need help in structuring a deal. Seller lost her husband some time ago and lost her 21 year old son to cancer. She wants to move closer to her daughter so she is wanting to sell this property. ARV of the house is about 380k. She is wanting around 350k as she knows she can get that. She owes 140k on the property with a VA loan of 3.2%. Property is located in OH, 43004 Feel free to call me if anyone would like to help me structure this so I can help her without ripping her off. Seller is super easy to talk to. 206-822-8019
I'm a wholesaler
This is Gray I have deal can anyone tell me if it's good or bad and how I can make it perfect. I can talk to seller. Type: 4-unit property Condition: Turnkey, no rehab needed HOA: None Estimated Rent: $5,000/month (combined units) Mortgage Details (Existing FHA Loan) Loan Balance: $270,000 Loan Type: FHA 30-year fixed Interest Rate: 3.7% Monthly PITI: $2,790 (includes PMI of $159) Seller’s Situation Seller wants to retire Looking for steady monthly income and no management responsibilities Deal in TX
Investors
i have an offer you may find interesting, dm me for more info.
Moved another sub too as the agent, What do you think of this deal? details below
Purchase Price- $315,000 Loan balance- $202,688.36 Seller Carry- $89,000 Down payment w/ closing Costs- $25,019.39 Commission- $9,450 Mortgage- $1,374 Monthly Seller carry- $375 monthly Total monthly- $1,749 Rental comps- $2,400 This particular buyer bought this house as a potential primary residence if they decide to move in the future. For now it will be used as a rental to offset the costs of ownership. Owner strategy for this property is to hold as a rental with minimal cash flow now, increase the rent over time and enjoy appreciation over the coming years of a top 5 fastest growing counties in the county. Comps show this property is currently worth over $350,000.
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Investor Savvy RE Agents
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Investor Savvy RE Agents educates real estate agents on subject-to and seller financing strategies, unlocking your full sales potential.
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