19 year old first duplex - Posted by Lon Hanson

Posted by Jeremy on April 29, 2004 at 19:53:51:

Not near my area of North Carolina so I can’t be of much help but again creative financing is all about being creative with the unique situations each seller brings to the table. Best of luck to you in the future.

19 year old first duplex - Posted by Lon Hanson

Posted by Lon Hanson on April 26, 2004 at 18:24:12:

i’m 19 and me and my fiance are buying a duplex. the loan program that our lender has us on is a 100% LTV and we have to cover closing costs. but that isn’t my question to you all today.

i live in a city where the population is around 80K and the people willing to sell COD or lease option are just not here. are there any other real options for getting started.

(ps we have to have a home buy the end of june)

Thx, Lon

Question - Posted by Gary - IN

Posted by Gary - IN on May 01, 2004 at 20:05:58:

“i live in a city where the population is around 80K and the people willing to sell COD or lease option are just not here. are there any other real options for getting started.”

Just curious, but why do you say those people aren’t there? I live in a town in Indiana with 45K people, and my first deal was a nothing down lease option, and my third or fourth deal that same year was a nothing down contract for deed. These people are out there, but you have to find motivated sellers.

Good INvesting,
Gary

Re: 19 year old first duplex - Posted by Jeremy

Posted by Jeremy on April 28, 2004 at 20:17:08:

Where are you located?

Re: 19 year old first duplex - Posted by lon

Posted by lon on April 29, 2004 at 11:42:23:

i’m located in MN