Four Family Fully Occupied FSBO

3 Replies

There is a FSBO property I saw for sale that is a four family fully occupied bringing in $2,360/month. My assumption is that no rehab work would need to be done so I would be buying a turnkey property with a conventional loan. What are some suggestions to come up with some financing for the 20% down? Are investors still open to financing down payments with an appropriate ROI or can I do a first mortgage for 80% and a second for the down payment. Any advice is greatly appreciated.

I tend to find that FSBOs tend to be in worse condition than standard listed properties.  Im not sure why that is, but it definitely seems that way to me.

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