Updated over 4 years ago on . Most recent reply
Need some advice please
I am considering purchasing a package of town homes. The numbers show 15% CoCROI using the rental tool on BP and I think it is in an area that has potential to grow in years to come.
1-What are your thoughts on town homes?
2-Any advice on creative financing? I only have 35% down and I don't know if there is enough cash flow to entice a partner. I have never used a hard money lender so if you have a recommendation that would be great. If I asked for owner financing what terms would be appropriate?
Any advice would be appreciated. Thanks