Have you found a great real estate investment but you haven’t got the entire financing? Sanan is ready to provide 50-70% of the capital if it meets his lending or partnership criteria! There are two ways this could go down:
1. Hard Money Loan
Sanan lends you the money and you are 100% of the owner, with a promissory note and lien on your property title deed showing you are indebted to Sanan for providing you the capital. Loan period is 1 year to 5 years and the interest is higher.
2. 50/50 Partnership
You provide 30% of the capital required to purchase the investment and Sanan brings the remaining 70% through his line of credit. Meaning his income and properties will be the main guarantor of the loan and he will be the co-borrower, making the investment absolutely risk-free for both you and the bank.