How did you finance this deal?

How did you finance this deal?

Great job, Would love to see a breakdown of how you financed so many properties in a short tim - Conventional, Private, Seller Financing etc.

MLS How did you finance this deal?

I have actually been thinkin about cutting losses honestly, I am not sure this is the best investment I could have made as my first but worried about how much of a loss I would have to take.It is meant for S8 for sure, I would have a stringent application process, and give the neighborhood a C from my research.I invested there because it was the first deal that basically fell on my lap where the mentor works with agents that Seller Finance deals, it was only $3k down and had thought the proximity to St.Louis would be attractive to tenants also.I effed up on waiting to post for rent until after all repairs and the COO for sure.  

Also, securing financing is no different than site built unless you're dealing with  someone that has no experience originating loans. 

Quote from @Eamon Conheady: I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan.

So Mark, did you end up getting your financing through Mario Cotto?

100% Financing on acquit ion + construction.

I can get you in touch with a great finance/insurance broker local to Houston if you want to PM me!