The Creative Financing Podcast
Business:Investing
Ep 044 Pt. 1- Deal Structuring with Lance From San Antonio
On this episode Jeff and I answer a call from Lance who is in San Antonio, Texas. Lance has a triplex he is structuring creative financing on, and needs some pointers.... he gives us the specifics and we take it from there. Lance was looking to purchase this triplex for 400K and he was smart to ask the seller on this one to Subordinate a loan for 300K and he was looking to bring in another investor to put down the remaining 100K in first position at 8% interest. Listen closely as we break down what Lance did right and where he needs to correct.... This is exactly the deal example that we love to share with our audience on this podcast, so if you have a deal you are working on and need some direction please give us a call on our hotline at 877-409-8090 and leave the details there, Jeff will give you a call back and we'll make an episode out of it. It's FREE coaching!
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