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Updated over 7 years ago on . Most recent reply

User Stats

74
Posts
19
Votes
Stephen E.
  • Rental Property Investor
  • Havelock, NC
19
Votes |
74
Posts

Downpayment and Finance Questions

Stephen E.
  • Rental Property Investor
  • Havelock, NC
Posted

I have found multiple MFH that I have identified for purchase but when it comes to financing I hit a brick wall at down payment and other means of financing. I have contacted banks, private lenders, and have gotten the range of 20-35% down. What other areas do I need to look toward using? What is the range of down payment for properties that have been identified for your areas? What areas do I need to improve to find better rates or be able to be flexible?

Other thoughts?

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