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Updated about 4 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Brendan VanDalinda
  • Rental Property Investor
  • Jacksonville, NC
4
Votes |
9
Posts

Coming up with down payment money at the beginning

Brendan VanDalinda
  • Rental Property Investor
  • Jacksonville, NC
Posted

I’m pretty new and am struggling figuring out good ways to come up with the money for a down payment! Any ideas?

Most Popular Reply

User Stats

304
Posts
185
Votes
Andrew Powers
  • Investor
  • Cincinnati, OH
185
Votes |
304
Posts
Andrew Powers
  • Investor
  • Cincinnati, OH
Replied

Do you have anything you can sell? Sell an expensive car and buy a cheaper one? Equity in a property you have? Work overtime? Get a better paying job? Flip things on FB and Craigslist? Gamble? Borrow from a family member? Hard money loan? Bank LOC? Use a low down payment loan?

I'm spitting out random ideas.... it's much more helpful if you can give background to the amount you need, what dp% you are going for, what assets you have

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