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Updated about 4 years ago, 11/14/2020
Using OPM to purchase
Iv done a deal were an investor loaned me the down payment to buy a rent house and the bank loaned me the rest to purchase the house. We had a promissory note made by my lawyer for me and the investor. He then took that note and put a lien on the house until I pay the loan back. So I got to buy a house with no money out of pocket.
I'm wanting to do this a lot more next year. I was just wondering if anyone had a better way to do purchases like this or this is pretty solid? Thanks.