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Updated over 2 years ago on . Most recent reply

New and looking to connect with others to learn how to invest
Hi, I am a Realtor in the Tampa Bay area and surrounding counties. I worked with investors that have purchased large track of land to buy and hold. I also own a home that we just started Airbnb in the middle of October. Wow , It is awesome. The home is way out in the woods and I would have never thought that it would be booked, but Its is Rocking! Wanting to purchase more. The home I have now Is on property my family has owned since 1862. Lost of history there and we have played it up, with lots of old pictures but totally redone.
My issue is the 25% down payment for the house. I cant use the house I own to get the money out of it. any suggestions.
also where can I find the 90 day challenge.
Thanks , I am looking so forward to joining up with this amazing group of investors
Most Popular Reply
You can creatively finance it by not going through traditional lenders. Seller financing as an example (you'd need to come up to an agreement where the seller carries the note & loan amount).
Separately, there's other loan options that you could find with local lenders or credit unions. In WA, I know of a lender that can do a 10% down investment property loan. Not sure if there's anything like that in FL, but good to just start asking your local network & talk to lenders.