Updated almost 10 years ago on . Most recent reply
Financing my first rental property
I am looking at purchasing my first rental property. It has 4 separate units on it and currently is producing $2500 a month. It is in a College town that is growing at a steady rate. We have negotiated the price at $220k and I am ready to move forward but have one small problem... I only have 10% to put down and need 25%. Any suggestions on how I can go about rounding up the additional 15%???