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Private Lending & Conventional Mortgage Advice

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Shanai Inns
  • Investor
  • Florida
1
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14
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How to avoid the 20-30% down payment

Shanai Inns
  • Investor
  • Florida
Posted Jan 8 2016, 18:51

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

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