Down Payment Options

[Lindsey McKinney]

I am looking at purchasing a 12 door LLC. Loan approval is no issue but looking at creative ways to finance or come up with $150,000 down payment.... Any ideas?

[Wale Lawal]

@Lindsey McKinney

Here are some alternative ideas for coming up with the down payment for an investment property!

1. Home Equity
2. Rental Equity Line of Credit (“RELOC”)
3. Cross-Collateralization
4. Your 401(k)
5. Your Roth IRA
6. House Hack to Slash Your Down Payment (and Live for Free)
7. Owner Financing
8. Gap Funding
9. Loans from Friends & Family
10. Co-Investment from Friends & Family

Read this article for detailed information https://sparkrental.com/down-p...

Good luck!