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Updated over 2 years ago,
Creative Financing Options for Small Multifamily and STR
Hello, I have been building my real estate knowledge and networking for the past year. I am graduating college and will have a high income job as a dentist with a strong debt to income ratio. However, my funds are quite low at the moment and I cannot afford a conventional mortgage for investment. I really want to get started in real estate and want to scale quickly by finding a small multifamily and a short term in the near future. Are there any suggestions for creative financing to allow me to get started earlier?
I have heard of vacation home as a way to get into the short term rental space? Recommendations, how does this work?
Small Multifamily options? I have heard of seller financing which sounds wonderful but what if the seller is not open to that and it is a great deal? Debt vs. Equity partnerships?
Any Tips or suggestions are appreciated. Thank you!