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Updated almost 2 years ago,
New Investor - No Money Down - Partnership Strategies Needed
Hey All! I am purchasing an out of state STR this spring, am trying to dial in my buying criteria, and need help understanding my options. With a low income and coming in with none of my own money, what are my financing options as far as partnering goes? I wont qualify for enough (Less than 150k I believe), so I will look into a co signer partner as an option. Seller financing or subject to seem like the best routes, but is there any point in those scenarios I would have to look good to the bank? And if I were to buy with all private money, how would that exit look?
Any pointers are appreciated!