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Updated about 7 years ago,
Low money down loan
Hey BP,
i have an opportunity to buy a multi family complex for 250000. All the numbers work out great the properties value is 400000 with a 57000 dollar annual income. also it is sitting on 12 acres of land with a great potential for growth. the only issue is this is the first property that is being bought through this company and the bank is wanting 25% down in order to get the loan. my question is what has been done by some of the BP investors for obtaining a loan that requires much less upfront or even a loan for the full amount. any suggestions will be appreciated