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Using Private Money to Buy Investment Properties
New Rental Property ✔️⚡️ Just Purchased❗️
ARV: $270K ~ Corrected: I think I say $230k
We're adding a bedroom in the basement... No lights so you can't see it.
This is in a nice part of Central Ohio (Grove City)... This will be a long term keeper!
Purchase with private lender Funds.. They are receiving interest on their money... Their Funds are secured with a 1st position mortgage (lien)... also they are holding a signed and notarized deed to the property so if anything was to happen to me, if I didn't fulfill my obligations outlined in the signed Promissory Note, or if I was to... Disappear... 🫨... They can file the deed, take immediate ownership, and not even have to foreclosure through the courts ⚖️
Our private lender's funds are NOT commingled with other investors... I would avoid deals like that all together whether you're a lender or borrower.
More update videos to come.. We have solid deals week/month, solid construction/rehab crews, and solid property mgmt.
Comment "Action" if you want to learn how to raise money and buy assets like this one and/or Comment me "ROI" if you're interested in learning how you can be lender to earn passive returns on deals just like this
#realeststeinvesting #realestateinvestor #realestategoals #brrrrstrategy #section8 #landlord #wealth #brrrr #cashflow #realestate
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