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Updated almost 12 years ago on . Most recent reply

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Pam Meadows
  • Residential Real Estate Broker
  • Wilmington, NC
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Don't have 20% down but now is the Time! How can I start investing?

Pam Meadows
  • Residential Real Estate Broker
  • Wilmington, NC
Posted

My husband and I would like to invest in a small rental home nearby for roughly $100K. Do banking institutions still loan down payments as reasonable rates? We have excellent credit and very low debt to income ratio. What are the advantages/disadvantages of doing it this way?

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