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Updated about 5 years ago on . Most recent reply

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Alex Diaz
  • Investor
  • Aurora, IL
8
Votes |
24
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Small Multi Family Deal Financing

Alex Diaz
  • Investor
  • Aurora, IL
Posted

For the past months I have been searching for a duplex, I am already pre approved for $150k on an FHA I just came across an off market 4 unit building for $350k (price is negotiable) I am a new investor with no previous deals how can I go about getting financing for these kind of properties?

Most Popular Reply

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1,192
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Joseph Cacciapaglia
  • Real Estate Agent
  • San Antonio, TX
1,713
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Joseph Cacciapaglia
  • Real Estate Agent
  • San Antonio, TX
Replied

If you have the money for a down payment and your DTI works, then you can just use conventional financing. If that's not the case, the easiest way is to bring in a partner that does have those things.

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