Really what you are looking for is a lender that would allow the seller to carry back a second mortgage and would not require you to have skin in the game. In todays lending environment that is a tough sell. Many that I have found still require you to have some money in on a commercial endeavor and a track record of experience. You could always use a private lender that would loan this money but the lender carrying the first may want to source and season your funds. You could also look for a partner to help with this deal. I am sure that you will get some students to debate this and I always enjoy that. I am always looking for new avenues for funding and have seen there has been no response to you post for several weeks! I hope that this information helps!
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If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Really what you are looking for is a lender that would allow the seller to carry back a second mortgage and would not require you to have skin in the game. In todays lending environment that is a tough sell. Many that I have found still require you to have some money in on a commercial endeavor and a track record of experience. You could always use a private lender that would loan this money but the lender carrying the first may want to source and season your funds. You could also look for a partner to help with this deal. I am sure that you will get some students to debate this and I always enjoy that. I am always looking for new avenues for funding and have seen there has been no response to you post for several weeks! I hope that this information helps!
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125