Dale Slater

Screen Name: Slater

Slater
Points: 14
Willard, Ohio
United States
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My Details
Investment Type:
Subject To
Buy & Hold
Lease Option
Commercial
Activity Level: Part-Time
Investing Since: 2007
Reason on REI: Investor Networking
Find Deals to Buy
Member Since: 08/11/2008
Last Login: 03/26/2012
Looking For

Apartment financing, Creative commercial deals, possible partnerships and large multi-family deals.

Other Interests

CREATIVE FINANCE DOES EXIST!

First deal I ever did. 18 units, bulk purchase in Mansfield, Ohio. Deal contained 3 duplexes, 3 quads all on the same block and 2 buildings across the street. I bought the properties on a Land Contract,  No-Money Down, No-Credit Check, No-Employment Check, Seller gave me 5K at close for repairs and deferred my payments for 3 months. After 3 months I had about 14K for repairs and in my pocket. The property cash-flowed on average $1500 per month after expenses. Deals like this can be done, I know, I did one. Like I said  this was my very first deal and was shocked to when the seller said yes. Prior to purchase the property was distressed, poorly managed property. Seller wanted out.

 

You don't need to own, all you need is control!

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About Me

I am a commercial real estate investor looking to purchase apartment buildings and complexes. I buy and hold these types of properties.

My Business

If you are a an investor looking to partner in the Columbus, Cleveland and Toledo Ohio areas feel free to contact me. If you are a lender/private lender who is ok and familiar with creative finance methods contact me as well.

My Contacts
Slater has 1 contacts

Colin
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