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Updated almost 9 years ago on . Most recent reply

Hard Money for purchase and P2P for rehab
I absolutely know I'm not the first to come up with but I can't seem to find a thread talking about it.
To get as close to 0 down, utilize hard money for the purchase and peer to peer lending for the rehab. I know @Dawn Anastasi talked about it in her Podcast, but she nor Brandon or Josh had tried it. Am I missing something here?
Most Popular Reply

@Mindy Jensen is correct -- I used P2P lending 3 times:
a) Property purchase of $24,900 and borrowed $21,000
b) Property purchase of $23,000 and borrowed $18,000
c) Property purchase of $24,000 and borrowed $30,000
So P2P can be used to buy entire houses or finance a large portion of them.