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Updated over 10 years ago,
Down Payment using Hard/Private money
I would like to hear about some of your creative ways of structuring the down payment for a property using hard and/or private money for a MF property when you had little or no money. While either using the bank to fund the rest of the payment or owner is willing to do owner financing payments.
Did you pay back the lender on time? Is this possible to do, if the numbers are good enough to cover the debt to both private lender (HML or PML) & owner finance payments or bank mortgage (whichever is used). As long as you break even or still able to receive a profit.
Thanks