Getting “Free” Money for Ecuador Property Investments

This week I started my property hunt in Ecuador on my $30,000 skin-tight budget. First step, secure financing.

The beauty of investing in Ecuador is that I actually can find a desirable investment with just the $30,000 cash on hand at the moment… no hefty mortgages needed.

But, when property flipping, “leverage” is important to consider. The rule of “leverage” when used by property investors basically means it’s always better to use someone else’s money because your overall return on investment (ROI) can increase. I agree, although the level of risk does increase when using others money.

Some experienced property flippers like “hard money”, or money attained from private lenders. I don’t. I’ve found hard money lenders to be extremely controlling, to the point where I almost feel like I’ve become their employee.

And taking on partners can be a bit of a risk too. It’s true that the worst business model is the partnership… most end badly.

So how did I secure a quick $20,800 in interest-free money this week for my current Ecuador property hunt?
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Journeyman Jack Ecuador

Proudly serving Ecuador Expats since 2008, My Services, web links, contact info tel. #'s - US, CAN & EC. are all below: Thank You, Jack Abercrombie, Cumbaya, Quito- ECUADOR S.A. [email protected] [email protected] #StrategicRelocationEcuador "May your strategy be as dark as night and as swift as a boulder rolling down a mountain." ~ Sun Tzu "I'd rather prep 10 years too early than 10 minutes too late." Strategic Relocation Ecuador: http://JourneymanJack.com/ Ecuador Real Estate: http://EcuadorRealEstate.org Call Toll free from U.S. & Canada: Mnts: 770-828-7913, & Coast: 770-988-4492, EC. Off: 02-380-4088, Ec. Cel Claro: 098-828-8953, WhatsApp, Zello, Telegram, Viber, Signal, WIRE, Element, Sessions: +593-98-828-8953, For Virtual Real Estate Tours, PreTrip Planning Video Conference via Zoom, jitsi, "skype" user name: "Jack.Abercrombie"- https://join.skype.com/invite/B4plcVLSCGWk Someone once said that Ecuador is a country that is: •EASY to love- •HARD to understand- •Impossible to forget- 'All the Very Best on Your Endeavors in Ecuador-