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Updated over 3 years ago,

User Stats

14
Posts
2
Votes
Sawyer Scott
  • Rental Property Investor
  • Freeland, MI
2
Votes |
14
Posts

Found a nice multi family, but can't afford 15%-20% down payment

Sawyer Scott
  • Rental Property Investor
  • Freeland, MI
Posted

I'm looking to purchase my first income property, preferably a multi family. I'm in the mid Michigan area and found a nice duplex that would yield a very nice NOI. However, I can't afford the 15% to 25% down payment required by my loan officer.

Has anyone else experienced this? What are my options? Also if there is anyone in the area willing to partner up please reach out.

Cheers

Sawyer Scott

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