Updated about 5 years ago on . Most recent reply
First Multifamily Property
Hello all,
I’m a new investor and may have come across what appears to be a pretty good deal on a multi-unit property. All units are currently occupied and it has some renovation potential. It’s currently cash flowing about 1,500 a month. My only issue is with it being multi-unit I definitely don’t have the cash to put down on it. Any creative financing ideas on loans/lending for a first investment property that I wouldn’t have enough cash to put down 20% on?