Updated over 6 years ago on . Most recent reply
*NEED ADVICE* Funding a Triplex
Hello BP, I just found an amazing Triplex and I ran it through the BP calculator through several scenarios/outcomes and on the low side, the Triplex will provide a 27% Cash on Cash ROI, 10% Pro Forma Cap Rate and a 11.04% Purchase Cap Rate. I have already used my VA loan but dont have enough capital saved to throw down a 20% down payment on a conventional loan. The triplex needs some repairs, but i dont believe it is enough to BRRRR it. What are my options for financing? I know there is the option of bringing in partners, but what other low or no money down options would be good for this deal?