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All Forum Posts by: Kurt Mace

Kurt Mace has started 2 posts and replied 2 times.

Post: Hard money lenders for Buy and Hold properties

Kurt MacePosted
  • Charlotte, NC
  • Posts 3
  • Votes 0

Hello everyone,

I want to start financing buy and hold investment properties but I am looking for funding. My question is this. How can I use hard money lenders for this type of strategy? My problem with hard money is not the percent in which they take as I find properties with a great return. The problem with the numbers that I see is the timeframe of repayment. 1 to 2 years at even no interest would mean a 50% - 100% return each year. So what would be the best strategy? Are there hard money lenders that lend with longer terms or is there a way to quickly pay off that investor via refi or something else?

Thanks!

Post: Triple Net Investing

Kurt MacePosted
  • Charlotte, NC
  • Posts 3
  • Votes 0

Hello everyone,

I currently invest in multifamily apartment complexes and I love what I do. However, I was looki ng into something more passive but still in the real estate investing sector. I was scrolling through some commercial properties and saw some NNN and NN leases. I know the differences between them but I have read that you have to be an accredited investor in order to invest in NNN leases. I am close to that mark but not yet. However, since there is a difference between NNN and NN; I did not know if you have to be an accredited investor for the NN lease. Can someone help me understand if it is the same qualification? Thank you.