Raising Cash for Down Payments

[Arnold Caceres]

Hello BP,

I am in search for a rental property and have 2 bank pre-approval letters for the funding. However, I'm afraid I'll fall short in cash to close and for the 15-20% down payment the bank requires.

What are some strategies you use to raise cash for down payments without having to dilute my ownership? 
thanks 

[Nicholas L.]

@Arnold Caceres

I know this isn't what you want to hear, but I'd wait and save up more.  If you don't have cash to close, it sounds like you're not well capitalized enough to own yet.

Or, try to house hack with a lower down payment.

Good luck