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Private Lending & Conventional Mortgage Advice

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14
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Elijah Crew
  • Property Manager
  • 1101 Foulkrod St, Philadelphia PA
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14
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Getting Properties through Private Lending

Elijah Crew
  • Property Manager
  • 1101 Foulkrod St, Philadelphia PA
Posted Sep 27 2021, 14:41

Hey,

So the deeper I am diving into this I am finding people using the tactic of negotiating with a private lender and getting them to pay for the property then eventually refinancing the property through a 30 yr conventional loan on it. Giving the private lender equity in the property or repaying them through the refinance. I know using leverage is a great way to get properties but I did not know it was possible to truly obtain with zero money down. So would going through private lenders to obtain properties to start off a good strategy? Or am I missing something? 

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