All Forum Posts by: Deborah Wodell

If you’re looking to acquire a second investment property with little to no cash down, creative financing can definitely work, but it depends on the deal and the seller’s willingness. However, given todays market, it is definitely hard to find one. Seller financing or subject-to financing (taking over the seller’s existing mortgage) can be great options if you find a motivated seller. You can also explore JV partnerships, where an investor funds the deal while you manage the property. Another route is using a HELOC or cash-out refinance on your first property to pull equity for the purchase. The key is structuring the deal in a way that benefits both you and the other party—networking with experienced investors can help!

Lenders typically require at least 15-20% down for multifamily properties, depending on the specifics of the deal. Finding a true 0% down loan is rare, but if your goal is to invest with minimal capital, a joint venture (JV) partnership might be your best option.

In a JV structure, an equity partner can provide the funds in exchange for a larger share of the deal—often 70/30 or 80/20, though terms vary. To connect with potential partners, consider attending local real estate investor meetups where you can network with those looking to invest passively.

If you’d like to explore HM financing options, feel free to reach out—I’d be happy to chat!

I understand the scarcity mindset you're talking about, but there's plenty of money out there to fund deals, especially for experienced investors like you. I work with several private & hard money lenders who specialize in funding BRRRR projects and can offer more flexibility and quicker turnaround times than traditional banks.

Hey everyone!

I’ve looked into blanket loans before, but I’m curious about how they’re shaping up in today’s market. With rates and lending terms constantly changing, I’d love to hear from those who have recently closed or explored a blanket loan.

• Which lenders are offering solid terms right now?
• Any trends with rates, LTVs, or underwriting?
• Any lenders you’ve had a great (or not-so-great) experience with?

Looking forward to hearing what you’re seeing out there!

Hi Joshua,

Most lenders cap their financing at a certain LTV because they expect the borrower to have some skin in the game. If covering the remaining 10% is a challenge, one option is to bring in a JV partner who can fund the gap in exchange for a share of the deal. This way, you can still move forward without needing to put in all the capital yourself.

But if you're needing the remaining 10%, what will you bring to the table? Whether it's experience, a strong deal structure, or another resource, lenders and partners will want to see how you're contributing to make the deal work.

Hope that helps!

We can do DFW! Sent you a message if you'd like more options! 

Great question! When it comes to down payments for duplexes, As others have mentioned, with a DSCR loan, 20% is a common minimum for duplexes, and 25% is typical for tri/quadplexes. having bigger dp can get you better terms.

I sent you a message!It's possible but the rates would be high. And you'd need to meet requirements and the numbers would need to work. I'd like to discuss some options. 

Hey Andrew, for a 12-unit property, traditional lenders like Fannie and Freddie could be great options, especially if it's stabilized with a strong upside. If you're looking for more flexibility, there are also other commercial and multifamily lenders that could work well with your needs. It's always worth comparing rates and terms, as some lenders might be more aggressive with loan-to-value ratios, depending on the location and property condition. Also, a few private lenders or hard money lenders might have some more creative terms for multifamily, especially if you're open to considering that route.

Hi Laura, it sounds like you're getting back into a great rhythm with your investing! For smaller deals like owner finance options, it's important to build a strong relationship with the seller, as this often leads to more flexible terms. If you're focusing on rural properties, sometimes local community banks or credit unions are open to these types of deals. Also, a lot of sellers might be more willing to finance the down payment if they know you're committed and have a clear plan for the property. Good luck with building your portfolio again!