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Updated over 11 years ago on . Most recent reply

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Michael Shane
  • Goodlettsville, TN
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wanting to purchase rental properties

Michael Shane
  • Goodlettsville, TN
Posted

So for a long time i have wanted to get into real estate investing. I want to start purchasing rental properties and am unsure of where to start. I am finding a lot of properties in my area, mainly looking at multi family units. My biggest concern is that i don't have a lot of money to put down. are there any creative ways to get around the big down payment? i have talked with hard money lenders and they are typically only willing to lend 80% LTV. I haven't talked to my bank yet. and if it matters, my credit score is between 725- 750. any help or information would be appreciated!

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