100% financing on building new duplex
Posted 25 September 2004 - 05:46 AM
Posted 25 September 2004 - 02:12 PM
Basically, these private money lenders are groups, companies or even private investors who take your deal and show it to their investors. If the investors are interested, they might bite. Just make sure you have lots of paperwork and a good financial history to show them as well as some ideas about why the deal is so lucrative. These guys want their loan re-paid, they don't want to sell real estate!
You can find some of them online, but another place to look would be some of the popular trade magazines like the Scotsman Guide.
Best of Luck!
Posted 25 September 2004 - 05:34 PM
I donít think you will find any lenders interested in 100% financing. Other than getting the seller of the property to finance all or a portion of the purchase, I donít see how else you could do something like this.
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