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Updated over 14 years ago,
One more pillar for long term success
For years I have been investing in rental properties. My experience has always been with single family properties. I have also managed apartments and have always managed my own properties.
This year I have been working on branching into apartment rentals. Financing was an important consideration and I am glad that I found lenders willing to work with me.
Today, I finally found a private lender willing to invest in my deals. It is a friend of a friend kind of relationship and know that I invest in RE. They are offering 12% simple interest money with no fees that they would rather see paid back as interest only. It has taken some time for me to build relationships and finally find someone that can provide money like this.