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Joseph Saez
  • Flipper/Rehabber
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Looking for down payment options.

Joseph Saez
  • Flipper/Rehabber
Posted

I am looking to purchase a home for $400,000-$450,000K but am having a rough time come up with that 20% down. I don't want to use FHA due to insurance and taxes being rolled into my mortgage making my mortgage higher then it evidently should. Any ideas? Only have about $15K on hand. What are my options for the other $65K?

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Milica Krstc
  • Lender
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668
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Milica Krstc
  • Lender
Replied

@Joseph Saez From my point of view, FHA is the only option for you.

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