Financing my first 4-plex.
Would appreciate advice on reserving capitol to buy additional investments. I am under contract for a 4 plex, no rehab needed and it's rented. Typically it's 25% down conventional with about $11k in cloisng costs/pre-paids plus the $70k down and this eats into a lot of my capitol. I want to be able to acquire several more of these especially as my market goes into the winter and prices tend to drop. Any advise or loan products I should be aware to lower my costs and preserve capitol?
Thank you in advance for taking the time to share with me your experience in lending.