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Jonathan Norton's profile image
Jonathan Norton's profile image
Jonathan Norton
  • Member since Dec 7, 2022

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14
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1
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Jonathan Norton's profile image
Jonathan Norton's profile image
Jonathan Norton
  • Member since Dec 7, 2022
Jonathan Norton
1
Votes |
14
Posts
General Real Estate Investing

What are your most creative financing strategies?

Jonathan Norton
Posted

Good Morning Everyone! 

Question: what are your most creative financing strategies? 

Thanks!

1 Vote
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Crystal S.'s profile image
Crystal S.'s profile image
Crystal S.
  • Rental Property Investor
  • from Pompano Beach
  • Member since Dec 25, 2022

User Stats

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Crystal S.'s profile image
Crystal S.'s profile image
Crystal S.
  • Rental Property Investor
  • from Pompano Beach
  • Member since Dec 25, 2022
Crystal S.
  • Rental Property Investor
  • Pompano Beach
15
Votes |
8
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Crystal S.
  • Rental Property Investor
  • Pompano Beach
Replied
Quote from @Joe Villeneuve:
Quote from @Crystal S.:

10% down which co-signer paid on a Conventional 30 year. I made ALL the mortgage payments, co-signer made extra payments and Mom loaned me money to pay it off. (I have been paying her back) 
(Co-signer and I also made lump sum payment to pay it off) 

MORTGAGE FREE now but I had help. 

That's probably the most creative way I've seen yet to lose money.

Paid off property is 5 min from the beach / Ocean Drive .... Im not paying the bank interest, I dont have to pay rent $2,000 rent and I can travel anytime I want because I don't have a huge payment holding me back. I've seen people in their 70's still paying a mortgage.  

It may not be a win for you but its a win for me. 

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