The seller was found by making calls on rental ads from the newspaper. After a short discussion, he informed us that he was not looking to purchase, but he had a multifamily that was listed with three different realtors from which there were no activity. Out of desperation, he practically threw it at us. All we could feel after that hit was, "ASSIGNMENT." We ran the numbers and met briefly with the seller who gave us a tour of the property. The property needs minor cosmetic work and has a possible sub-division. We also made a few phone calls to our list of buyers. The property was listed at $339K, comps range anywhere from $290-$390. Our offer was accepted at $230. The property is tenant occupied. We will be meeting with a couple of investors this week. This is amazing how keeping focus on one's journey leads to success.
Sandra and Lubertha
"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.