Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply
Is This no money (of my own) strategy possible?
hey BP, I've been thinking about a no money (of my own) down strategy and wondering if it could work, and that would be borrowing/raising the 20% down to get a mortgage. like one might do on a large building/complex. I don't have a specific deal but a family friend recently purchased three units in Milwaukee at $80,000 renting two for $1,500. My goal is to join them in that same market,theoretically speaking if can achieve the same numbers (if not better) would funding the 20% with private money be an option. I Know The terms/specifics of the private $ would be a key factor. But has anyone one something like this?
Thanks :)