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Updated over 6 years ago,
How to get a partner/creative financing for next multifamily NJ
I would be curious to know from people who own multiple properties, have a solid day job w the W2 how to get the next deal under wraps, when you just got one. I'd like to replicate the current cashflow i got w a 2 family on south Jersey City, and know the market is red hot.. each month im missing out on opportunities that are better than the one I got.. and that was good.
Down on savings now, and already have multiple mortgages.
Partner financing? - i dont know anyone who id trust or discuss money matters with
Private lending? wouldnt go above 3-5% since mortgage rates for my 30yr fixed are those..
what other ways are there?
Cash out refi of other properties? - probably wouldnt touch my current mortgages
for a 400-500k multifamily id be able to throw down 10-20k atm myself and would need help with the rest.
THANKS