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Updated almost 10 years ago on . Most recent reply

User Stats

168
Posts
19
Votes
Jasmine Wilkes
  • Investor
  • grand prairie / st.louis, texas/ Missouri
19
Votes |
168
Posts

Owner Financing

Jasmine Wilkes
  • Investor
  • grand prairie / st.louis, texas/ Missouri
Posted

I have an owner financing deal on the table. I want to know how would I go about getting the down payment and closing cost which is roughly 15,000. Do I go hard money or should I seek out private money? 

Most Popular Reply

User Stats

201
Posts
95
Votes
Ryder Meehan
  • Investor
  • San Francisco, CA
95
Votes |
201
Posts
Ryder Meehan
  • Investor
  • San Francisco, CA
Replied

If you have good credit, you could get 2 credit cards with 0% interest for 21 months - you can usually get a $7K limit on them.  That would give you plenty of time to pay it off - or even balance transfer to another card down the road if needed.

Google Credit Card Comparison - 0% APR 21 Months

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