I Got It Financed

I found a way to get it 100% financed. I am a partner with my dad on this deal. He went to a local bank where he has a few hundred thousand dollars of property financed. They offered to finance 90% of purchase price and to use the equity in some of his other property to secure the last 10%. So were are getting a 5-unit building about $28000 under value and getting it 100% financed. You can't beat that.

Comments(4)

  • SavvyYoungster9th September, 2003

    Great! Maybe you could post your father information so we can all partner with him

    Just kidding. Good luck and congrats.

  • fmmp9th September, 2003

    Congrats!

  • mattspence9th September, 2003

    I actually meant to post that on a existing thread, but I guess i hit the new topic button.

  • ddemott9th September, 2003

    Great Job! I just hope we can all be as successful as you! Congrats!
    [addsig]

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