Ep 133 How To Make Deals Work On A Slim Margin

<p>On this episode we go over a great example on what to do with leads with slim margins.</p> <p>Here are the details-</p> <p>ARV 150K. 146K Owed, behind on payments. 2bed 1 bath 4.5% int. 1180/month PITI. Rents 1000/month. Could be converted to 3-4 beds. Seller needs 2K to move. How do you structure terms? Things to consider; condition of home, layout, market rents. Is the location good?</p> <p>Options for exit strategy</p> <ol><li style="font-weight:400;">Sell to owner Occ as is and assign contract- give 1K down, 7-10yrs. Leave VA </li> <li style="font-weight:400;">Create 4 bed and hold as a rental with 10K invested for a cash on cash return of about 24%.</li> </ol><p>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<a href='https://creativefinancing-dacd.gr8.com/'> HERE.</a> </p>