Looking for a Lender

2 Replies

Hi All,

I was wondering if anyone had a lender who will do 15-20% down payment on a multi family home 2-4 units in CT. I will be purchasing the property as an investor. I have called many local lenders and most would be 25-30% downpayment on 2-4 unit investment properties.

Thanks in advance for your help,

Dave

I don't have any leads but if cash down is an issue for you to closing deals perhaps look at some creative financing solutions private money/hard money/seller carry? If you have 20% down and a lender requires 25% you are only 5% difference - I bet you could find some sellers to carry 5% of the balance if they get 95% of their money. My 2 cents.