Private Lending

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Brice Perry
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Suggestions on how to finance next deal

Brice Perry
Posted Oct 27 2022, 19:55

Hello 

This year my wife and I started our real estate journey. We have one house that is being renovated currently and closed this week on two townhomes. We used a private lender to purchase the first house. For the townhomes, we were able to qualify for traditional financing and pulled a HELOC on our primary residence for the down payments. The townhomes are turn-key with tenants already in place. I have a lead on an off market deal through a friend but I am stumped on how to get financing for this deal. Any ideas would be greatly appreciated. Thanks in advance.

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