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Updated over 4 years ago on . Most recent reply

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Keleisha Carter
  • Investor
  • Tampa
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289
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Creative financing for STR down payment

Keleisha Carter
  • Investor
  • Tampa
Posted

Creative Financing for down payment: If you have a lender that allows 15% down, investor loan for a $500k house; but you only have 60k saved. Things to consider: 60k personal cash + waiting for another property to close for additional cashWhat other recommendations would you give to find the remaining downpayment? 

P.S. 10% second home loan option is out of the picture

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Avery Carl
  • Real Estate Agent
  • USA
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Avery Carl
  • Real Estate Agent
  • USA
Replied

HELOC? 401k loan? Just depends.

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