Nathan Payne pitches an 8-unit apartment building in Springfield, Utah: $350,000 for 45% equity, with a projected $3 million resale value in 5 to 7 years. The deal breaks down as $250,000 down payment plus $100,000 for repairs.
bank. They just need $250,000 down plus $100K in repairs. So we're looking for $350,000 for 45% equity in the deal.
Nathan's deal is for an 8-unit apartment building in Springfield, Utah. His goal is to sell it for $3 million in 5 to 7 years. He's asking for $350,000 for 45% equity in the deal.
Nathan, I appreciate your persistence and the drive to get here. Congratulations on making it.
I actually didn't have to drive, but it was—
oh, a comedian!
Oh, here we go. Bus driver, you know, they had it.
Do you— I mean, tell me about some of the guys on the bus.
Oh, you don't even want to know. Interesting characters at least. Oh man, so we were about to hear—
we're talking about real estate here.
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