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Updated over 7 years ago on . Most recent reply

User Stats

31
Posts
20
Votes
Steve Richardson
  • Specialist
  • Indianapolis, IN
20
Votes |
31
Posts

80/10/10 on Investment property?

Steve Richardson
  • Specialist
  • Indianapolis, IN
Posted

I am closing on a SFR (as a primary residence) next week and have another scheduled to close in February. I would like to know if anyone has been able to use an 80/10/10 for an investment property. This would be ideal for the second property and would allow me to keep a bit more in reserve as well as complete some tasks at the first property. Also, the 2nd property is owned free & clear, so is it possible that the owner (if willing) could provide the other 10%? Open to advice and other strategies that I can use for the second property.

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