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Updated over 6 years ago,

User Stats

4
Posts
0
Votes
James Martin
  • Columbia, SC
0
Votes |
4
Posts

Skin in the game for Buy and hold

James Martin
  • Columbia, SC
Posted

After researching different ways to finance a Buy and hold, it seems like the better option would be to use a hard money lender.

the only issue I face and also a majority of new investors deal with,  is the lack of skin in the game. I have never owned a home, so I have

no real assets to put up to be approved finance through a hard money lender.

so my question stems, should I use a FHA loan for my fist investment (and home) for a buy and hold property , and then later utilize a hard

money lender for additional Buy and hold investments?

are there better ways to show skin in the game for hard money investors?

any suggestions would be appreciated! 

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