OfflineNeed assistance - I sort of had a relapse in thought.
I have been able to locate 5 Realtors/ Agents that have been actively locating properties for me here in the San Diego California area. One property in particular. The owner has not listed it yet, however it is under some minor repairs undertaken by the Agent. The owners position is to sale because he purchased his Moms place nearby he doesn't want to hold or be a landlord. The asking price is 459k he is flexible. The Home is in the College area perfect for a rental. I would like to make and offer on this property of course. The problem is all of my buyers want rehabs with a substantial profit margin. I am sure this type of property would fit in some ones scope. But, I can't locate that "someone" 
My issue is how do I get the funding to purchase this myself to hold. If not hold how to construct it to pass to another investor Thanks The odd thing is maybe I am not looking at this correctly because I have done 6 other deals easily. For some reason this one has me confused. Thanks again for any info offered or suggested
The only thing achieved without effort is: "NOTHING"
Hi LandNmarketing,
Okay this is a simple fix, so if you want to buy and hold yourself go to www.insiderscash.com and look at their 2yr. loan program, you will need to bring in 50% of the money and they will finance you the rest. If you cannot do that then find Cash Flow buyers. This home is almost move in ready and near a college which any good cash flow buyer would love. Just get the home under contract a little below market value and assign the contract to a cash flow investor. Here is a great site to find cash flow buyer.
www.padmapper.com : This is a great site to find cash flow buyeres. All the places on this site will be for rent, when you get to site there will be a white box on the bottom left side of the screen, put in your city and state or zip and hit enter. This will bring up your area, click on all the red bubbles and get owners info and call them to see if they are interested in buying any additional rental properties for themselves and tell them about your deal.
Hope this helps,
Shah
hi Coach thanks a bunch, Jim
jbischoff
LandNmarketing - you didn't give too many details on your financials, but if your goal is to buy and hold, consider these options:
1. Seller financing.
2. Owner occupied: consider living in the place for a year and get a FHA loan at 3.5% down, and the best possible rate.
3. Conventional Financing. Usually 20% down but if it's in a good area with a strong rental market, the banks should entertain it.
Good luck and let us know!
- Tom