Updated over 3 years ago on . Most recent reply
New guy asking about financing for what seems to be a good buy
Hey everyone! I am new to real estate investing and am doing my best to learn from reading and listening. I have been approached with an opportunity to buy a duplex in a college town that is in high demand. The selling price is 310K, my realtor says it is not a bad price for the area. My question is, after running the BP property analysis, it gives about a 12-14% CoC if my numbers were correct. However, I do not have the capital necessary for a down payment. What are some approaches I can take and not get myself in over my head on payments? Thanks everyone!