In Lesson 4 of the Commercial Property Training series, Ron goes over methods 3 and 4 of buying with no money, getting a private money loan for the full amount and getting a private money loan for the down payment and borrowing the rest from the bank.
Home » Training » Commercial Property » Lesson 04 – 6 Ways to Buy with No Money and How to Exit for a Profit (part 2)
Lesson 04 – 6 Ways to Buy with No Money and How to Exit for a Profit (part 2)
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Thank you , I will be back .
Great Thank you!
Ron,
In, your last example, when the bank agrees to your all cash deal, what’s the average time for closing?
Stanley C.
@Stanley Chambers I don’t believe average time and bank belong in the same question
At least that’s been my experience with banks
Great question, Stanley! My question… do you utilize a system through LLC? Can you use that entity to build a credit profile and funnel your partners through so that each make you stronger whether you use them or not?
@Kevin Cook be cautious using the idea of funnellng partners
thats funnelling for the spelling impaired
So, Ron’s Seller, the REO bank, allowed a CLTV of 100%, and they simply moved that non perfoming REO asset into the performing loan column on their books?
What about the rehab costs? Thanks, Ron.
@Jeff Clayton welcome to bank style accounting
i definitely need to watch the video again. thanks for explaing though Ron.
We all could use many viewings of these
same way to buy way to borrow new way to invest Thank you Ron
It is good stuff isnt it?
These new ways of buying property will help in the future.
Not just the future, they will help NOW!
Great lesson ron!!!
Great lesson indeed!
Great video.Thank you Ron.
I get intimidated when i hear commercial does anyone else
@Mr. Ross i would suggest you need to listen to more of Rons videos until you find a comfort zone
Thanks Ron
Show me some money ways Ron!
Loved this video!
All the best!
Edward
@Edward Haberthur I think he just showed us all the money!
Third way to buy commercial with no money down – private lender to fund the project. Very interesting seeing the creative ways to buy commercial properties.
It is a creative way at that!
@John Rogers hows is it going?
Can this type of transaction be done in a Roth IRA? Thanks
I am almost certain it can
@John Rogers of course I am NOT giving you financial advice but my opinion. Please consult your proper people for that
Great techniques for buying commercial. Can’t wait to do my first commercial deal.
Me either this is great
So do i have too have any type of funds or good credit too do any of these deals?
May i suggest you take the commercial info in these videos and review them?
I think you will have your question answered after looking at most of these video and audio presentations
Great lesson.
@Brit it is great!
Really enjoying these videos on commercial property – thank you Ron!
@Cheryl Brozovic I agree I’m enjoying these videos too
Re-Watching to grasp! Great Info! Thanks Ron!
I’ve watched them over and over too
Found 2 commercial deals and plan to get option contract using just the Subordination strategy….plan to assign contract to investor….
@LaTanya Graves congrats on the contract!
@LaTanya Graves I hope you will let us know how it goes
Had to listen again! Great info!
I am looking to use a few of these purchasing options on Mobile home parks. Out standing informtion as always
had my eye on some parks as well. Something tells me to get a closer look.
it sounds like commercial is a way to get big checks. it just takes a lot longer.
Good lesons
Free properties, as long as the properties pay for themselves.
This is making me think. Thanks!
I tried access the lessons 4-6 they are in restricted mode. I can’t see them. ;((
Great! I am looking to install solar on Ga farm land. I like how this worked for you.
This is great stuff Ron. Thanks a lot!
Good tips
Thank you for this information. Im getting more and more excited to ad this to my business.
Wow!! Excellent!!
Great info. I’ll watch this a few times:)
Love the mix with private money and the opportunity in vacant commercial…
I must confess that these numbers are intimidating.
I’m Looking forward to getting comfortable with these concepts at the boot camp!
I never knew there were so many ways to buy commercial property with no money. Thank you for help in how to determine the future value of income producing properties before you ever make an offer. Thank you Ron.
The examples are so helpful.
Nice
SO DID THE BANK BECOME THE FIRST MORTGAGE AND THE PRIVATE LENDER THE 2ND? DID YOU MAKE ANY PAYMENTS TO THE PRIVATE LENDER BEFORE THE REFINANCE CASH OUT?
SO DID THE BANK BECOME THE FIRST MORTGAGE AND THE PRIVATE LENDER THE SECOND? WHEN STRUCTURING THE DEAL ARE THESE CALLED “LIEN HOLDERS”? DID YOU HAVE TO MAKE ANY PAYMENTS TO THE PRIVATE SELLER BEFORE THE 3 YEAR REFINANCE CASH OUT?
OMG Nicely done structuring that deal however how much interest on them both and what were the terms with the private lender and the partner who got the bank loan?
Excellent tips Ron
Key takeaways, it’s possible to get private funding with no payments but accrued interest and also it seems that investing in getting your own appraisal done prior to exploring funding options puts you in a stronger position.
Just goes to show, the price is irrelevant as long as the numbers work and you can get the dollars needed to do the deal
Great info Ron thank you
This is great information
So…In commercial you’ve used private lender and a bank to fund a no money down deal, so here is my question, how will I find private lender’s?
Samuel
Good morning! Your question has been answered in the following episode of ‘Ask Ron’.
https://www.ronsgoldclub.com/resources/askron-best-of/2021-10-15-ask-ron