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Updated about 1 year ago on . Most recent reply

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Jose Leandro Gobea
  • Homestead
10
Votes |
42
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Find money for down payment

Jose Leandro Gobea
  • Homestead
Posted

Hello guys , I have another question,  do hard money lenders borrow money for down payments? what are some of the way that do you guys use to get all the money that you need for the down payment? 

  • Jose Leandro Gobea
  • Most Popular Reply

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    Ray Hage
    • Investor
    • Fort Lauderdale, FL
    746
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    Ray Hage
    • Investor
    • Fort Lauderdale, FL
    Replied

    @Jose Leandro Gobea It's rare to get a loan for the down payment from any kind of lender. Usually, they want you to have skin in the game. Of course, if you're a veteran, you can get a 0% downpayment VA loan and I believe there are some other loans that allow for this as well.

    @Ash Hegde, you can probably advise better on this topic. Any advice?

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