Scoring a property with a balloon payment in the terms can send a shiver down even the most experienced investor’s spine. The thought of being financially liable for a large cash payment in the future (which you are likely unable to afford today) is a scary thought. Where will you find the money? And worse – what if you can’t? The truth is that balloon payments are a valuable tool in the creative investor’s toolbox. They aren’t nearly as scary as they seem, and combined with a strong portf...
Scoring a property with a balloon payment in the terms can send a shiver down even the most experienced investor’s spine. The thought of being financially liable for a large cash payment in the future (which you are likely unable to afford today) is a scary thought. Where will you find the money? And worse – what if you can’t? The truth is that balloon payments are a valuable tool in the creative investor’s toolbox. They aren’t nearly as scary as they seem, and combined with a strong portfoli...
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