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Updated almost 6 years ago on . Most recent reply

User Stats

10
Posts
25
Votes
Matthew Yeoman
  • New Hampshire / Rhode Island
25
Votes |
10
Posts

When borrowing for investments are you always in debt?

Matthew Yeoman
  • New Hampshire / Rhode Island
Posted

While starting out in real estate, in doing my initial research and listening to the podcasts and such I hear of the hard money lending and private money as well as loans from the bank. My question is while you borrow this money for investment properties how does the re-payment work? For example, a bank loan will take 15-30 years to pay off, is that the same with private investors? I am concerned about constantly being in debt to others while investing, how do others tackle this problem?

Most Popular Reply

User Stats

189
Posts
141
Votes
Bryan Richardson
  • Rental Property Investor
  • Indianapolis, IN
141
Votes |
189
Posts
Bryan Richardson
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Matthew Yeoman

I believe you can have 10 mortgages in your personal name. We do commercial loans on our properties. No limit on the amount or number of those you have.

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