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Updated over 6 years ago,

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17
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4
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Oye Dosumu
4
Votes |
17
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Identified a great property, How to finance it

Oye Dosumu
Posted

Hi everyone, I have been able to identify a property that in my opinion will cash flow very well. However, I want to pay 10% of the cost (Note its a 6 unit property). Conventional lenders are unable to finance it as they need atleast 20%. I don't know anyone who has any such amount of money just lying around. Do I contact hard money lenders? Note 2: This is my first property.  Thanks

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