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2: $6.8 Million in Assets in under 2 Years With No Money Down
Patryk Real Estate Show - Short Term Rentals
How to Structure a Hotel Deal With Private Money
We could have used 100% private money. We're looking at about almost $3.8 million all in for the purchase and the renovation. So it's a pretty hefty amount of private money. Could we have done it? Yeah, definitely. I think that given the time constraints, we went with the hard money loan and then gapped it with the private money for construction and holding costs. It was gonna take way too long to close out the loan relative to the closing timeline that the seller wanted.
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