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Updated almost 4 years ago,

User Stats

2
Posts
2
Votes
John Renfer
  • Investor
  • easton, pa
2
Votes |
2
Posts

Funding ideas for 1st rental property

John Renfer
  • Investor
  • easton, pa
Posted

What is the best option right now for funding down payment of a 1st rental property? I'm building up a cash position but fall well short of the 20%-25% down required by most traditional lenders.

A fellow investor friend has offered me the ability to purchase a well-established rental property with a tenant in place but my current cash position leaves me well short of the amount needed to purchase. Thanks

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