Updated over 2 years ago on . Most recent reply
Finance Options to Cover Conventional Down Payment
Hi all -- I am looking to purchase my first rental property (yes, newbie).
I'd love to gain recommendations of loan products that I could leverage in order to pay the 25% down without sacrificing credit/convential loan. I have solid credit (770-790 range) with extremely low debt/income ratio. Welcome any suggestions! TIA!
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Nicholas L.
#2 Starting Out Contributor
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#2 Starting Out Contributor
- Flipper/Rehabber
- Pittsburgh
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Nicholas L.
#2 Starting Out Contributor
Pro Member
#2 Starting Out Contributor
- Flipper/Rehabber
- Pittsburgh
look for lower DP loans like an FHA loan for an owner occupied house hack
you won't be able to borrow 75% and "finance" the other 25%