Updated almost 4 years ago on . Most recent reply
Creative Ideas for Down Payment
Hey BP Team,
I have a client who's currently under contract on multiple properties (all great deals) but is getting into a position where his down payments funds are getting exhausted as he builds his portfolio.
Ideally, he'd prefer to not bring in a capital partner though we believe that would be the easiest solution. We've also tried seller financing and unfortunately it's not available here. We don't believe hard money would fund a down payment as the hard money lender could only take second position and the down payment has to be sourced properly.
What are other creative ways you've found to fund a down payment for traditional financing?