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Updated almost 7 years ago,
Question About Down Payment
Hello - I'm just starting out and the biggest hurdle for me is related to obtaining the necessary funds for a down payment. I've recently gotten out of debt so I have the credit required, however, I don't have anything significant saved for a down payment.
I just had the thought of looking into taking out a personal loan with a bank to fund the down payment for my first deal. Does anyone have any experience with going this route? Pros/cons?
Thanks.