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Updated almost 5 years ago on . Most recent reply

Financing my first deal
I am new to real estate investing and my goal is to have my first positive cash flowing SFH property within the next 3 to 4 months. My question is with all the different financing options such as conventional bank loans, private and hard money lenders..etc. What is the average time you have before you have to start paying back any such loan. Im pretty sure its all different depending on the loan, any feedback would help, thanks in advance.
Most Popular Reply

Not sure I'm reading your question correctly, but typically you start paying the next month and each month thereafter until paid off. With a private money lender you may be able to work out some other agreement.