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Updated over 10 years ago on . Most recent reply

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Chris Trupiano
  • Investor
  • Kansas City, MO
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100% private lender funded?

Chris Trupiano
  • Investor
  • Kansas City, MO
Posted

Is there anyway to cash flow a property strictly using money from a private lender? or would the interest rate be too high for it to be worth it? Has anyone had success going about it this and if so can you explain how you accomplished it. Thanks 

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied

Most of your private lenders aren't going to want to tie up their funds indefinitely like a bank would. Unless there is a value add opportunity you're better looking into a portfolio lender or something similar. 

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