Using OPM to fiannce deals
2 Replies
Chance Hughes
posted 5 months ago
What is everyone's strategy to using none of your own capital to invest in real estate. Those I have talked to have told me to use private lenders but typically the max ive seen is 80% LTV so where am I going to get the 20% down payment without using my own capital? Curious to see everyone's strategy's.
Tommy Adeoye
Investor from St Louis MO
replied 5 months ago
Partnership , Another private money. Buy deal for good price, refinance after 9 months , pay them both. I don't see why how you couldn't split your portion with the financier of the remaining 20%. I see this as a better option compared to just putting it all on a credit card.
Kenneth Garrett
Investor from Palatine, IL
replied 5 months ago
My first experience with private lending was a BRRRR project. The lender funded the purchase and I funded the rehab. Project went according to plan. Next project and continues to fund my purchase and rehab 100%. It takes time to build trust. You might be able to use two private lenders for the 100% funding. It's tough to have that trust on your first project.
Free eBook from BiggerPockets!

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you