CREDIT PARTNER STRATEGY

[Seth Mosley]

Hey All!

So far with two conventional lenders I haven't gotten any positive responses.

So here is my question. Any advice would he helpful.

I am almost at my 10 conventional mortgage limit, and was wondering if a possible strategy would be to have credit partners to be a partner in the deal (either bringing cash or not bringing any cash, just their credit), and I would be supplying the capital.

The conventional lenders told me that it isn't really possible in a conventional way. I'd have to look to commercial side, which so far, I have found the terms to be much less favorable than what I've been getting on the conventional side.

Any thoughts?

Thanks

+Seth

[Elliot j e Rayford]

Seth a wise man once said.  It's not the cost of money that's important it's the availability of it that's important. With that being said it depends on what you are going to do with the property.