How would you pull this off??

[Nick Schulze]

Hey all! I'm looking to buy my first house. I have limited capital so I will have to utilize some creative financing tactics. My question is though, has anyone purchased a rehab on there first deal with creative financing, and then lived in it with a couple friends to fix it up and flip it/rent it?

[Tom Spaeth]

So if you are going to live in in why do you need creative financing. Loans are not that hard these days. Unless you are non-W2 in which case off to creative ideas. Don't work off credit cards the monthly carry is to high. Likewise most hard money loans will eat you. But the are commercial loans that have better terms like 10% & 2 pnts. Not the worst. Can you borrow the money  from anyone. Make them part of the deal.