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Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
5
Votes
Jeff Iverson
  • Rental Property Investor
  • Lake Mills, WI
5
Votes |
8
Posts

Need Finacing stratagey help

Jeff Iverson
  • Rental Property Investor
  • Lake Mills, WI
Posted

Looking at a Property that Appraises at $170K. I can purchase for $148K. I want to put down the least amount. 

If the appraised value is $170K and 20% is $34K that would = $136K.  I can get it for $148K.  Is it possible to only put down the difference of $12K?  Is there a lender that would do this or is there a strategy to accomplish this?

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