Very general loan question
Is it typical to have to put at least 10% down to purchase a property to rent? If so is there any other way to buy with nothing down? I'll be buying my first property so I don't have refi options or second lien options either. I have access to a line of credit to pull the 10% but don't want to because that payment is so high it will make the property very hard to cash flow. I also have a partner that I can use that can provide the money down but ideally want to do this solo and not worry about a partner. I'm sure there are people out there that will lend me the money as a private note rec. and if this is the only option to get 100% financing how do I go about finding these people and is there more risk in using a private party loan?