Peer 2 Peer Real Estate's Podcast

Show 60 Non Investor Friendly Agent(s)

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Synopsis

Frustrations working with a NON-INVESTOR FRIENDLY AGENT(s)!!Yes, I have to admit that working with this one real estate firm, the agents (2) to be exact have no idea what Owner Financing is! Maybe I’m not explaining what I’m trying to do; there is a property in Trenton NJ, Single family (asking ($19,900) foreclosed on the market for more than 63 days as of this recording the property was taken back by the lender according to Zillow. I inquired about this property on Thursday March 29th, I told the agent what I’m trying to accomplish.I want to buy this property as-is I’m offering $8,000.00 (needs some work) put it back on the market as-is but carry the note for 7-10 years, I want 10% down payment, and the buyers credit can be in the 600’s as long as there is no evictions and I would get a residential mortgage loan originator to make sure they can afford the monthly payment. Unless I’m wrong, there is not a bank out there that would finance this property at $19.9k, and needing repairs. (see my offer b