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Updated over 6 years ago on . Most recent reply

User Stats

73
Posts
17
Votes
Danny Ondik
  • Investor
  • Chicago Suburbs
17
Votes |
73
Posts

Strategies to not put 25% down every single time.

Danny Ondik
  • Investor
  • Chicago Suburbs
Posted

I've been able to buy 2 properties, but since they were fully occupied I've had to put 25% down. What are some of the strategies I should be looking into so I can put down the conventional 20% or less in order to buy properties faster (and hopefully a better return with better leverage)? 

Most Popular Reply

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34
Posts
33
Votes
John Delosreyes
  • Rental Property Investor
  • Oklahoma City, OK
33
Votes |
34
Posts
John Delosreyes
  • Rental Property Investor
  • Oklahoma City, OK
Replied

In regards to conventional lending, I don't think down payments can go any lower than 20% on investment properties since it'll incur PMI. You may have to seek creative ways such as seller financing and structure it where the seller names the price but you set the terms.

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