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Updated almost 5 years ago,

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3
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1
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Erik Joseph
1
Votes |
3
Posts

Best Financing options for a MFR

Erik Joseph
Posted

Hello All, 

I am a rookie and have 3 doors in Los Angeles that flow nicely and have built up quite a bit of equity. I'm looking to add a duplex or triplex in Los Angeles but running into high-interest rates and large down payment requirements. My previous properties were owner-occupied then rented out so very favorable loan terms hence the good flow. I plan on a cash-out refi on both properties for the down on the next purchase; does anyone have tips or resources to put as little down on the next purchase as well as keep my current loan terms as intact as possible? Specific Los Angeles experience would be super helpful.

Thanks All

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