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Updated over 4 years ago,

User Stats

35
Posts
6
Votes
Bryson Rogan
  • Rental Property Investor
  • Frisco, TX
6
Votes |
35
Posts

How should I finance a Four-Plex?

Bryson Rogan
  • Rental Property Investor
  • Frisco, TX
Posted

Good Morning BP Family,

I decided to take action on a four-plex property here in the Dallas-Fort Worth area without being pre-approved. This is an off market deal, that the owner is asking $500k for. I don’t qualify for that loan amount nor do I have the down payment. I think it’s a great deal that passes the one percent rule and is worth pursuing. One unit has become vacant so I wold be able to House Hack the property. Is there any creative financing strategies I could use in order to get this deal closed? Any help would be greatly appreciated!

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