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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago on . Most recent reply

User Stats

54
Posts
18
Votes
Michael Nelson
  • New London County, CT
18
Votes |
54
Posts

10% down initial brrrr purchase options

Michael Nelson
  • New London County, CT
Posted

Hi Everyone,

I currently have a couple rental units and i am looking to do another Brrrr. My issue is properties have appreciated a lot since the last one. I only have enough cash for probably 10% down on anything id want to do. Im looking to brrrr another multifamily and refinace with a DSCR.


My question is what are my options for 10% down initial purchase with rehab able to be built in. 

  • Michael Nelson
  • Most Popular Reply

    User Stats

    257
    Posts
    183
    Votes
    Nate Herndon
    • Lender
    • Springfield, MO
    183
    Votes |
    257
    Posts
    Nate Herndon
    • Lender
    • Springfield, MO
    Replied

    Hey Michael, there's quite a few programs that I utilize for clients of mine who only desire a 10% down payment. Some are first-time investors, others are very experienced. 10% down payment is available for both ends of the spectrum depending on the deal numbers.

    Shoot me a quick DM or email and I'd be happy to lay out the options available to you.

  • Nate Herndon
  • [email protected]
  • 417-605-2196
  • Loading replies...