Best way to fund buy and hold deals

[Tiffany Jones]

Good Morning BP family,

So I'm interested in buy and holds in the DMV area.  Can anyone recommend the best source of financing these types of deals? 

Thanks in advance. 

[Brad Smith]

@tiffany jones

Hi Tiffany,

!. Seller Financed-up to 100% financing (any rate)

2. Bank Financed -up to 80% (4.5-5% fixed rate)

3. Non-prime-up to 75-80% (6.5-8.5% fixed/arm)

4. Private/Hard money-up to 75% (7-18% fixed/arm)

If you plan to rehab the property with the purchase, you can finance up to 90-95% of your project, but would likely need to use one of the above "take-out" strategies for long-term.

Hope it helps!