Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

50
Posts
11
Votes
Dan Kim
11
Votes |
50
Posts

How to finance the down payment

Dan Kim
Posted

Hello BP community,

Before I place an offer on a single family for use as a rental, I'd have to place a contingency on my offer based on finance approval. For 385K and the home needing some repair, are there creative options to come up with the down payment (20%, non FHA-VA)?

If I’m not mistaken, hard money lenders are more interested in distressed homes, which this is not. Would appreciate any advice. Thank you!



Most Popular Reply

User Stats

50
Posts
11
Votes
Dan Kim
11
Votes |
50
Posts
Dan Kim
Replied

@Emmanuel A Gomez

Thanks. I’ll have to look into those options.

Loading replies...