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Old 05-19-2005, 12:15 PM
NYBirdDog NYBirdDog is offline
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Join Date: May 2005
Location: Poughkeepsie, NY
Posts: 11
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Default Money, Contracts, and FSBOs... oh my.

OK, so I think I found a good investment property. No, let me rephrase. I know I found a good investment property.

I have a few problems now.

1) How do I get it "under contract"? How do I make an offer on it?? I know a friend of the guy who's selling it, and he's asking $225k for it, but they seem to think he would take $180k. I've never bought a house -- how do I put in an offer on it? Do I just need to call him and say, "Hi John, $180,000"??

2) Other than the three "Fs" (Family, Friends, and other Fools), where can I look for money? Are there any well known hard-money lenders that would invest in a first-timer??

Thanks for the help, I feel overwhelmed!!

-Bob
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Bob Maucher
http://www.nybirddog.com
NY Bird Dog
nybirddog@gmail.com
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