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 over 3 years ago on . Most recent reply

User Stats

202
Posts
82
Votes
Michael Williams
  • Rental Property Investor
  • Sacramento, CA
82
Votes |
202
Posts

Down payment for duplex?

Michael Williams
  • Rental Property Investor
  • Sacramento, CA
Posted

An owner of of a duplex (Both sides 1 bed/1 bath) in Sacramento is willing to sell his property to me ($475,000) in the next two months. I have nothing right now for a down payment, I'd need about 20%-30% as a down payment. Private lenders? Family? Hard money? Partnerships? How can I get a down payment for this property in the next 2-4 weeks?

Most Popular Reply

User Stats

2,659
Posts
1,414
Votes
Tom S.
  • Real Estate Investor
  • Burlington, VT
1,414
Votes |
2,659
Posts
Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Michael Williams  Your best bet is to make it your primary residence so the downpayment could be a low as 3.5%.  For funds, remember you're allowed to use 401k / retirement accounts, if you're comfortable with that.

Good luck!

Loading replies...