All Forum Posts by: Stewart VanValkenburg

Not a pro at the creative financing side but this is how I see it. If he has a bunch of money sitting around not doing much its because he's a cautious investor. He's scared you are going to lose his money.  What can alleviate his fears?  Some ideas;

1. Get a second opinion from a proven real estate investor about the likelihood of the deal going through. A pro with years of experience in this is more reassuring than someone who I'm guessing is a little new to the field. 

2. Back up his loan with something. Maybe get him a lien on the deed of the property if you can write it in such a way that you can still get a mortgage on it later. 

3. If he is not convinced a 10% return is worth the risk could you offer 12%. I don't know the budget details.

I don't know if any of these will work but I hope your deal goes well.

Reading this post a year later. I'm curious how it all turned out.