Patience can be your best friend and if you attempt to over leverage a property it can come back to hurt you.Some will recommend buying subject 2 where you could take over an existing mortgage that could be at a substantially lower rate - but if the lender finds out and calls the loan that could also be very bad.

The terms will resemble small business loans with short term rates and quicker paybacks, but that will get the deal financed. 

It’s an interest free loan but it’s not a gift unless you die in less than 27 years while still owning it or it’s 1031 exchanged property. 

@Jeff BroganWhen does your hard money loan mature?

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

We’re looking at a seven-figure property in Texas, tied to a non-performing loan.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

I was doing non recourse SIDRA loans and the students would put 50% down and I would fund the balance.. normally sold 20 to 30 homes that last day and I probably financed 10 of them or so..

Also it would be worthwhile to speak to a financial advisor on how to best diversify your portfolio and maybe you can even use your currents investments to get loans for real estate. 

If financing, is it better to get a bank loan or finance at the dealership?