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Updated over 1 year ago,
How Do I Fund Purchasing My First Rental with $0
I am an experienced realtor who has been out of the business for about 2 years. I am looking at a great prospect for my first rental property but I have no money to put down on it myself. As I think about calculating what payments would be if I had a cash investor to fund it, what kind of loan would be typical from a cash investor? Interest-only for a set period of time such as 2 or 3 years? And what kind of interest rates should I expect to pay a cash investor right now?
Thanks of your help!