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Updated about 3 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Bruce Bailey
  • Traverse City, MI
2
Votes |
10
Posts

STR private money loan

Bruce Bailey
  • Traverse City, MI
Posted

Hello BP fam, I have found a STR deal in the Upper Peninsula of Michigan. The owner was my neighbor growing up so he's giving me a good deal on it. It's not finished so pulling a regular loan could be difficult, plus the owner is giving me a good deal if I give him all cash. I have half of the cash but will need more. I've never dealt with hard or private money and was looking for some tips with it and any recommendations on who to use. Let me know. Thank you.

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