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 portfolio, allow you to grow your cash flow quickly and safely! Today Matt tackles this issue and puts your mind at ease so that you can open yourself up to the wonderful world of balloon payments. Enjoy!
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