Ohio private equity down payment partnership

[Christine Smith]

Randomly came across this deal. We just bought a house so we don’t have the full down payment for this other opportunity.

Most people I speak with that are lenders need a minimum, need you to have some money in the deal etc.

I'm having trouble finding an equal equity partnership to fund the down payment. Produces 1.5% rule cash flow wise. No real work needs to be done and I've calculated numbers for typical HML loans and it's not a home run if for that type of financing. I know most times it's a relative or someone you know. My family is skeptical because I didn't find the multi unit on Zillow or the MLS lol. Are there any other strategies I could utilize? Thanks!

[Marc Rice]

@Christine Smith

1. Seller financing

2. Rent to own

3. Wholesale it

4. Get a private money loan just for the down payment and then get a normal loan on it

5. Find a better HML

6. Partner with a local investor in that market who owns similar rentals

7. Join those local Facebook groups in that market and ask for a partner