Creative Funding

[Steven Crawford]

Hello BP users,

I am posting today in hope that other users share their experience working with creative funding for deals. As well experience working with a Hard Money Lender or have used Owner`s Financing to fund a deal. From what I understand, Hard Money Lenders usually do not care about the buyer’s credit. As well, most Hard Money Lenders base a loan on the equity in a property. After looking around I found that most Hard Money Lenders fund up to 70% of the purchase price, plus point and other fees. Please, correct me if I am wrong.

As from as Owner`s Financing goes I do not fully understand how it works. Both option require some kind of personal funding. Is it really possible to find and close deals with no money?

I know that plenty of resources on BP to gather information but I am looking

to interact with investors who have use either method of funding. 

Thanks for reading.

Steven Crawford