All Forum Posts by: Kris Kempe
Kris Kempe has started 21 posts and replied 26 times.
Post: SELLER FINANCING/ SUBJECT TO - any feedback/review on Pace Morby's creative finance

- Posts 26
- Votes 14
Hey Kate,
I’ve been apart of Paces Creative finance group for some time and now and the I would completely recommend it. There is such a great community behind it and everyone is there looking to help. Definitely take the leap, you won’t regret it! :)
Yea of course, so for me I’m super flexible and just want to get the deal done, so with private lenders I can offer an equity opportunity or just the typical 10-12% return. I feel like the flexibility for me is what takes the cake with why I prefer private lenders if that makes sense :)
Post: Hard money and seller financing

- Posts 26
- Votes 14
Hey guys,
Is it possible for a hard money lender to give you 80% of the payment when buying an investment property and then getting the seller to hold a note on that other 20%. Is that possible?
Thanks
Hey guys,
I have multiple creative financing deals pretty much under contract, and I’ve factored in private lending, my issue is finding these private lenders. Where can I go to find these private lenders and prove that it’s a good investment?
thanks
Hey guys,
Is there another way of wholesaling in Illinois other then double closing to get around the 1 transaction a year clause?Thanks
Post: 1st position and 2nd position creative financing

- Posts 26
- Votes 14
Can someone explain the difference between first position and second position when it comes to lending. I can make assumptions that if things happen it’s for collateral but what’s the main difference?