Updated over 3 years ago on . Most recent reply
Private money/fund down payment
Looking at possibilities of using private money to fund a down payment to a commercial property that I have in mind.
1. I have the cash to pay for the down payment although I’m interested in getting started buying property with OPM.
2. Property that I’m buying will require a 25k down payment. And 100k financed.
3. Property has plenty of room for value add. So I plan to make some improvements to the property increase the value and refinance the property into my name only.
(And paying off the private load of course.) my question is where do I start looking for private money lenders… reputable.