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Updated over 3 years ago,
Loan Options for Down Payments Initially
Looking for some advice on the best way to get funds for down payments for investment properties. We have 1 investment property and 1 in the process of buying. We created an LLC to use for our growth plans. We identified a few properties we want to buy to expand more but are unsure on all the different loan options. Our issue is the cash flow at the moment for the 20% down and closing costs.
Has anyone had experience getting around that in the beginning? Do lots of people do personal guarantees? Are bridge loans worth exploring?
Thanks in advance for all your help.