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Updated almost 8 years ago on . Most recent reply

User Stats

912
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107
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Patrick Philip
  • Florida
107
Votes |
912
Posts

How to fund the down payments with OPM?

Patrick Philip
  • Florida
Posted

I have a private lender willing to lend up to 75% on properties of any size. How do i fund these down payments? If the owner is willing to finance 25%, does that make sense because both companies are using the same building as collateral. Are there any hard money lenders or any other type of lender that will do this? Am i out of luck until I can come up with the cash myself? Would I have to use my personal residence as collateral on the second loan?

I'm trying to stay in touch with reality here. Is there any actual way to do this?

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