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Updated over 6 years ago,
Hard money for complex down payment with no history
I’ve been doing a lot of reading and research about how to get your first multi unit property, and I’ve been hearing different strategies as to acquiring your first deal. Mainly if you don’t have the down payment for 20+ unit, you would syndicate a deal, but with no track record it would be hard to convince investors. So I was wondering what are the chances of getting a hard money loan for the down payment on the right deal without experience.