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Updated about 8 years ago on . Most recent reply

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23
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4
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Paul Thompson
  • Edmond, OK
4
Votes |
23
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Borrowing money to fund deals

Paul Thompson
  • Edmond, OK
Posted

When borrowing money to help fund a deal what are the best strategies for paying lender back? Using cash flow from property? Refinancing after a few years? Any advice is greatly appreciated. Thanks 

Most Popular Reply

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784
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Jack Bobeck
  • Rental Property Investor
  • Jacksonville, FL
528
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784
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Jack Bobeck
  • Rental Property Investor
  • Jacksonville, FL
Replied

To me, it depends on your personal goals. Many of us like to use debt, since money is so cheap right now, to finance deals. Ask the lenders you use how many properties they will finance and keep looking for others who will do more for you. 

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