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Updated over 9 years ago,
CREDIT PARTNER STRATEGY
Hey All!
So far with two conventional lenders I haven't gotten any positive responses.
So here is my question. Any advice would he helpful.
I am almost at my 10 conventional mortgage limit, and was wondering if a possible strategy would be to have credit partners to be a partner in the deal (either bringing cash or not bringing any cash, just their credit), and I would be supplying the capital.
The conventional lenders told me that it isn't really possible in a conventional way. I'd have to look to commercial side, which so far, I have found the terms to be much less favorable than what I've been getting on the conventional side.
Any thoughts?
Thanks
+Seth