In this podcast episode, you will learn:
- Ways to get involve in multifamily creatively: Syndication & Seller Financing
- Always learn seller’s debt situation when negotiating
- If you want to get under contract, they’ve got to win too, so find a way for the deal to work for both of you
- It is NOT TRUE that the seller has to have NO DEBT to use seller financing
- Learn about the seller’s situation
- How to get bank to finance lower amount & get seller to finance the rest
- Sometimes seller will make accommodations for HOW we get the deal so long as they get their price
- Value add means taking advantage of the fact that investment properties are appraised based on their net income
- If you can drive up revenue or reduce expenses it will directly translate into higher value property
- Items to look for in commercial real estate investing: rents, visual appeal, safety of property, laundry
Brian Murray’s Book : Crushing It in Apartments and Commercial Real Estate Amazon Link: (https://www.amazon.com/Crushing-Apartments-Commercial-Real-Estate-ebook/dp/B01N6DKA10) Facebook : (facebook.com/brian.murray.10004694) Linkedin : (https://www.linkedin.com/in/bmurray/) Website: (https://Washingtonstreet.com)
*To register your interest in the Putnam Green Property, visit (https://RealBlueSpruce.com/portal)
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