Updated almost 4 years ago on . Most recent reply
Down payment for duplex?
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
@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!