How to avoid the 20-30% down payment
Hello Everyone.
I'm looking to invest in my next rental property and I would like to avoid depleting my cash. Is there a way to get around putting 20-30% down? The fact that I am looking to buy multifamily properties limits my options as to what traditional loans are available to me. For example, Fannie Mae and Freddie Mac loans are only available for single-family homes.
I am aware of private lenders, however, I have no idea where to go looking for them.
Any advice is greatly appreciated. Thanks in advance for all your comments!
Shanai Inns