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Updated over 7 years ago on . Most recent reply

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2
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0
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Henry Dominguez
  • Architect
  • Fort Lauderdale
0
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2
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Purchasing first investment property in Florida

Henry Dominguez
  • Architect
  • Fort Lauderdale
Posted

Hey BP! I'm a young architect working in the Los Angeles area with experience in planning and designing high-end spec homes and multi-family projects.

I am planning on making my first purchase and looking for advice on how to use cash from partners to purchase a property using a traditional loan (not a corporate loan).  Is this possible? 

One of my partners has an existing S-Corp, but the terms would require a higher down payment and higher interest rate.

Is there any advice on how I should be putting together the deal?

Thanks!

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