Hello:
I’ve identified a few properties in which I’m interested. Assuming a loan of 75% - 80%, what do you suggest for new investors as a way to come up with the rest? I’ve thought of advertising for investors/partners, but I’m not sure where to advertise.
Any suggestions?
Thanks,
Tim
Friends or family
Personal loan (higher APR though)
Credit card
Sell something
Get another job
Use something that’s paid off as collateral (car, house, boat, land, etc)
Just some thoughts…
It look like you are looking for 100%.
Leverage 70% of ARV with a hard money loan, then refi to conventional drastically minimizing cash out of pocket.
Chris Jameson