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Updated over 2 years ago on . Most recent reply
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Down Payment
Hello BP Family,
I was wondering how most investors come up with the down payment for their investment purchases?
Most Popular Reply
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I sell TK properties and most of our clients usually do 20%-25% down conventional financing. Considering homes in my city are not to expensive, most investors have the money available for the down payment.
On the flip-side as an investor myself I utilize a hard money to refi method where I borrow the full amount to purchase and rehab or what you might refer to as zero down investing. I have done this for every rental home I currently own and it has worked out for me and my wife on 20 homes.
- Curt Davis