Let’s get creative about creative financing.
Analyzing outside-of-the-box financing techniques to acquire multiple investment properties
Let’s be honest with ourselves for a moment. Buying investment property after investment property definitely requires some creative thinking and strategic planning, unless of course, you have unlimited financial resources and a surgeon-like income.
For most of us, it becomes crucial to understand the intricacies of real estate financing if you desire more than a couple of investment properties. First mortgages, second mortgages, private loans, vendor-take-backs, undervalued financing, cash backs, equity buildups, refinancing and everything in between need to be fully comprehended.
I have personally bought many properties with at least two mortgages and zero money down. The key is understanding lenders, values and market risk and using them together to make solid investment decisions.
If you ever have any questions about creative financing, any at all, please don’t be shy. Give me a call or send me a text or email. I am always willing to chat real estate over a cold beer or strong coffee.