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Updated over 4 years ago on . Most recent reply

User Stats

38
Posts
12
Votes
Jesus Sosa
  • Rental Property Investor
  • Anderson, SC
12
Votes |
38
Posts

Your creative financing strategies

Jesus Sosa
  • Rental Property Investor
  • Anderson, SC
Posted

For SFH, what are your creative financing strategies to obtain a great deal? For the past month I have found some unique properties with great potential! However, I seem to get nowhere when obtaining the financing for these properties - without bank loans (due to 1099 employment).

I've tried obtaining private partners but no one seems to have money around my area. I've tried hard money lenders, but they require an LLC and experience in investing. The only other option I see is owner financing. How could I convince an owner to finance their property and pay them back within 5 years?

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