Raising Debt, loans, and seller financing.
Hello! I was curious if any of you have raised debt to purchase a property before? Personally, I find it much more attractive than raising equity.
I was thinking about raising debt for smaller properties, up to 100k. I was curious who you have reached out to in the past to get started down this path?
Even though it is a "riskier" route of investing, how would you go about raising debt? To me, and for my goals, it would make sense to do so.
Would love to hear what types of loans you can get like DSCR loans, possibly not even needing to have any documented income - or if seller financing is the better route.
Have you tried any of these strategies, how have they worked for you?