Chicago, IL · Member since 2015 · 2 posts · 0 votes
Hey Everyone -
I'm ramping up my knowledge to prepare for my second multi-unit next year and want creative financing strategies to be a part of my tool set. However, I can't find sources that layout the details on how to execute them (i.e. paperwork, process, etc.). I'm a pretty heavy book person and often here "whole books are written on these things" yet I can't seem to find them. Where should I go to learn these things and/or how did you?
Also for specificity, I'm looking for information on any of the following strategies:
- Private loans (one lender -> one property, not necessarily using a pool but that would be great to know too)
Investor · Austin, TX · Member since 2015 · 263 posts · 186 votes
8y
Hi Spencer,
Congrats on your early success!
Have you considered teaming up with an investor who has a track record of executing these strategies? I would also consider finding a solid real estate attorney that has significant experience executing these strategies. Both could add value to your business, reduce risk and give you an education.
Best of luck!