What are some good technique for financing?

**BOSS** · 03-10-2009, 05:07 PM

What are some creative methods for financing a rental property?

I would like to here some of your stories.

I got a rental property with no money down from an investor and we split the profit 50/50. He put the money down and i maintain the land. Not a bad deal

**thomas12** · 03-11-2009, 11:26 PM

There are many creative methods for financing a rental property, of course who bears the cost and money becomes all-together very signifcant.

**florida real estate** · 03-12-2009, 02:37 AM

it been such great deal, but hard to fine who bear such money for long time. hard to find such technique in current situation.

**realvestx** · 03-12-2009, 05:40 AM

I agree to you. You can find lot of such type of deals in real estate market, And since housing rates have lowered significantly, the market is open for many options.

**REI GIANT** · 03-12-2009, 11:32 PM

For the best creative financing techniques get Jack Cummings book, Real Estate Finance and Investment Manual. I used his techniques to buy apartment complexes and single family homes.

REI Giant

**tanmaysnv** · 01-22-2010, 09:34 AM

For larger properties, you will likely be looking at a commercial loan. Your down payment could move into the 25% or higher range, depending on the ratio of income to cost. Lenders will check very carefully on all of your cost estimates, and the potential income before agreeing to a commercial loan for your real estate investment. You will need to provide the lenders with your plans for running a successful business.

**joybruna** · 01-28-2010, 08:54 PM

From my point of view,these are some good techniques for financing:

Pay attention to timing
Leave behind your ego
Ramp up your listening skills
Anticipate compromise
Offer and expect commitment
Don't absorb their problems
Stick to your principals
Close with conformation

**snvtanmay** · 02-02-2010, 01:39 PM

Consider seller financing when you are selling your property if you can afford it. You get a wraparound mortgage, and your buyer pays installments to you. A wraparound loan is good for you when there is a prepayment penalty or the interest rate on your present loan is low. It is attractive for your potential buyers who want to have seller financing.