This afternoon I’m going out to see 3 different properties that are acquisition targets for me. I have no idea how any of the properties will turn out, but I’ve got to tell you this:
It was easy to find good properties in good locations with creative financing. In fact, all I did to find these 3 opportunities was to look on CraigsList.com in the area I’m focused on and looked for properties “for rent”. For the properties that matched my interests, I contacted the owners to see if they’d be willing to do a creative transaction with me.
I contacted 3 owners with that proposition. All 3 of them agreed.
And the target area is a very desirable, middle-class area (Kennesaw/Marietta, Georgia). It’s exactly the type of place where it’s quite reasonable to expect slow, steady growth and property value improvements.
In other words, it’s the kind of place that will make me very happy 5-10 years from now as I have a huge profit waiting to be accessed.
In truth, the odds that I’ll want to take action on one of these 3 properties is below 50/50. That’s because I’m very picky. But the beautiful thing is that I can – and you can – afford to be picky in this market. There’s no reason to buy a property unless you can get BOTH a good price AND good financing.
The deck is stacked in your favor. Enjoy!
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