Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

264
Posts
279
Votes
Fred Cannon
  • Rental Property Investor
  • St Augustine, FL
279
Votes |
264
Posts

Real partners verse banks as partners What is your choice?

Fred Cannon
  • Rental Property Investor
  • St Augustine, FL
Posted

Now that we have once again experienced an economic hardship ( 2 in just a matter of 12 short years). Do you think it's better to partner with a bank, via a mortgage, or partner with a couple of investors like yourself, pay cash and have no mortgage). I have always partnered with a couple of like minded investors to spread the risk and spread the reward. For me it's less stressful to worry about collecting the rent than to worry about paying the mortgage. Of course all is dependent on making a good investment in the beginning and having the cash to move forward.

Loading replies...