Do you know the difference between Equity Partnerships Versus a Hard Money Lender?
Let me give you a quick summary:
Equity partnerships:
Don’t require down payments
Don’t require good credit
Don’t require money up front to cover fees, points or closing costs
Roll everything into the loan
SPLIT THE PROFITS
Hard money:
Requires 20% down
Requires 680 credit score
Requires money up front for points, fees, closing costs
Equity partnerships are cool and are a win-win
Hard money sucks and is lopsided towards the lender.
I was out visiting one of my investment properties last week and shot a quick 60 second training video for you teaching why we do equity partnerships with our clients and students.
Take a look.
Josh
P.S. If you missed out on the Freedom Funding Training and Coaching Program last week I’m sorry to say all the spots are gone. We sold out in less than 7 days.
If you’d like to join our waiting list to get notified in case we re-open visit www.getfreedomfunding.com