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Updated over 9 years ago on . Most recent reply

User Stats

164
Posts
83
Votes
Steve Racicot
  • Investor
  • Manchester, NH
83
Votes |
164
Posts

Initial Financing on Buy and Hold Rentals

Steve Racicot
  • Investor
  • Manchester, NH
Posted

Hello, 

I have an opportunity to purchase several propoerties for long term buy and hold, where I would Rent these properties out. 

Here is my dilemma: I can get the financing, however, do I get the down payment cash together.  I do not have enough equity in my home,  and retirement funds are not available.   Does anybody have any initial idea where I can get the initial funds to purchase several properties?   I would need around 30k max. 

Thanks for your input. 

Steve 

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