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Jamel Brewton has started 2 posts and replied 3 times.

Thank you Curt for the advice. I planned on starting off with doing a few flips to gain the capital needed to then get into residential. This particular hard money lender covers 100% repair cost. So I would just need to cover my down payment and closing fees which I could cover.

I thought about that as well, I didn't want to not being able to cover unexpected expenses. I will start my search for another partner Thank you !

0 Votes

Recently I have found an Hard money lender to fund my journey of Real Estate Investing. I am looking to get into Residential Rentals in Columbia, SC. I am 23 and my capital isn't where it needs to be for the down payment required. My credit is great and I have no car loans or a mortgage. I am a Realtor and have founds deals on the market that makes it worth the investment. My question is could I take out a personal loan or business loan to cover the down payment?

0 Votes

Recently I have found an Hard money lender to fund my journey of Real Estate Investing. I am looking to get into Residential Rentals in Columbia, SC. I am 23 and my capital isn't where it needs to be for the down payment required. My credit is great and I have no car loans or a mortgage. I am a Realtor and have founds deals on the market that makes it worth the investment. My question is could I take out a personal loan or business loan to cover the down payment?

0 Votes