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- It's Deal Thursday
Missed last weeks deals?
Don’t worry you can find them here - https://www.talkinrei.com/c/deal-page
Sorry for the late send. I was working on gathering some more info on deals I will post later this summer. So stay tuned!
PRO TIP: Have you searched investorlift.com? This is a platform that many of the top wholesalers utilize to post their deals. Here is one not too far away from me here in Nashville. Go ahead an browse in your area and find yourself a deal! If you need financing just fill out the form here. https://investcoachh.site/
What is wholesale real estate?
Wholesale real estate is a way to buy and sell real estate contracts. Wholesalers act as intermediaries between sellers and buyers, who are usually investors. A wholesaler will usually contact owners of distressed properties and convince them to open a wholesale contract with them.
Here is that property in the Nashville metro area: https://investorlift.com/property/158800/davidson-county-nashville-tn-37115
PRO TIP BONUS: Now this got you thinking. So the wholesaler signs a contract with the seller. Then he/she sells the contract to me? Yes, this is called arbitrage.
What is arbitrage in real estate?
Real estate wholesaling is a type of real estate arbitrage, which is a low-risk investment strategy that involves buying and selling properties for a profit. In wholesaling, a wholesaler finds a property that's selling at a discount, negotiates a contract to purchase it for a specific price, and then assigns the contract to a buyer for a higher price. The wholesaler keeps the difference between the two prices.
So if you can get direct to seller you cut out the middle men? Yes, you can! How do you do that?
One way is by getting leads of property owners that want to sell their property fast. Here is a platform that has those leads. You can by from wholesalers or owners.
West Linn, OR Development Project
-Seeking to raise final 300K to add to our 1.8 million already raised. (500K raised since last email.) Wholesale real estate is a way to buy and sell real estate contracts.
-1st position loan at approx. 40% loan to value
-6 to 8 month loan (remaining) with 6 month extension
-15% interest to investors (interest paid quarterly)
-80% of lots under agreement
-100k min (will consider less if cash)
PROJECT UPDATE: Project is humming along and has passed through several committee meetings without a hitch.
Click here if you would like more info: https://investcoachh.site/im-looking-to-invest
We are gaining momentum on this one!
Summary: Exciting new opportunity to be involved in the purchase of a 297 Bed medical center on 10 acres. The property is located in Missouri. This property is already under lease agreement (10yr) with a $500,000 deposit made by the tenant and a commitment to $1500 per bed or $447,000 per month.
Purchase Price: $9,900,000
Loan Requested: 1st position 5million to 6.5million
Loan Length: 1 year with a 6 month extension
Exit Strategy: Purchase, Rehab to tenant specifications then refinance when seasoned.
Current Appraisal: 32+ million
Lease: 10 year lease signed
14 to 15% interest (interest only paid quarterly)
12 months 6 month extension
Closing Date: ASAP - Time is of the essence.
Click here if you would like more info: https://investcoachh.site/im-looking-to-invest
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If your interested in finding funding for a project or want to invest in a project, fill out the form on https://investcoachh.site/
*Deals are for information purposes only. Some deals may require accredited investors. Email or phone conversations do not equate commitment and are not legally binding to any/all parties involved.
Affiliate disclaimer - https://www.talkinrei.com/c/affiliates
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