How to get Down-payment assistance for multifamily property under $300k?
I have a question regarding real estate investment, which my lady and I are getting into and seek advice.
We are trying to get benefits from First a Time Buyers programs to buy a multifamily building for under $300k.
The problem is, how can we get assistance for the down-payment which would likely be in the $10k range?
From what we just discovered from a lender, the First Time Buyer down-payment assistance programs don’t cover multifamily homes because of the potential income that can be generated.
So what can we do to get that down-payment assistance?