Join Pace Morby, Karolyn Briley and Miron Briley as they discuss their 30-unit seller finance multifamily deal with a 50-year note in Corpus Christi, TX. They discuss how they found the deal, what the cash flow will look like, and the unexpected issues within the rehab of the property.
Watch the first part of this video where Pace tours the buildings with the property manager here:
https://www.youtube.com/watch?v=NY9uqjMdomY
Connect with Karolyn Briley
https://www.instagram.com/karolyn.briley/
Connect with Miron Briley
https://www.instagram.com/mironbriley/
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Chapters:
0:00 - Intro
1:29 - Where did this multifamily deal come from?
1:56 - Negotiation with the seller
5:34 - Property cash flow
8:16 - Problems with the property
12:07 - Renovation estimates
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⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎
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