Updated almost 6 years ago on . Most recent reply
Can I get NO Monthly Payments?!
Hey BP-ers! I am wanting to do my first deal but I need help on the money side. Are there any hard money lenders in the Dallas, Texas area that will roll the monthly interest payments into the loan at the end? I can do a down payment but I will need rehab to be paid for and no monthly payments. Does that exist for a newbie investor? Thanks in advance!
Most Popular Reply
Not likely but it is getting more competitive in that space. On another thread, one investor said he could get a newbie 90% LTV (which is insane in my mind). I paid 75% for my first few. Although it doesn't answer your question, keep networking with Lenders and you may find something that pops up.