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Updated about 5 years ago,

User Stats

197
Posts
105
Votes
Quentin Mitchell
  • Investor
  • Chicago, IL
105
Votes |
197
Posts

What are some creative financing methods?

Quentin Mitchell
  • Investor
  • Chicago, IL
Posted

There are an endless amount of ways to finance a house, multi-family, or commercial properties what are some of yours I will post a few that I know about.

1. Private money (more than just family and friends, personal loans, credit unions just to name a few.)

2. CC (if you have a high enough limit and cash flow well enough)

3. Hard Money (Have an exit strategy in place to get out of it as soon as possible)

4. Traditional financing

5. Seller financing

6. Lease Option

7. Assume mortgage (although I don't think this one as common or easy these days)

8. Commercial financing combined with a seller second.

Please add more or feel free to comment more in-depth on something mentioned above.

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