New Deal Details.. Thoughts?
I'm visiting two duplexes in Anderson IN and the owner is selling both as a package for $50,000 and is willing to sell on contract but with 50% down. The duplexes are fully renovated and are in a C class neighborhood and can make $2,000 monthly together. Right now we can only afford to put 35% down. My question is should I find hard money or private money lenders to finance the rest down payment? Or possibly ask them to finance it in full? Because I've been told they really don't lend small amounts of money.