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Updated almost 5 years ago on . Most recent reply

Travis Shirley's profile image
Travis Shirley's profile image
Travis Shirley
  • from Fort Worth, TX
  • Member since Jan 29, 2020
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Travis Shirley's profile image
Travis Shirley's profile image
Travis Shirley
  • from Fort Worth, TX
  • Member since Jan 29, 2020
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Travis Shirley
  • Fort Worth, TX
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Buying & Selling Real Estate

Getting started — low on Down payment

Travis Shirley
  • Fort Worth, TX
Posted

I’m new to this and really want to get started with a rental property. I don’t have the funds to provide the 20% down payments.

From the research I’ve done...  I’m supposed to borrow the down payment and in a year do a cash out refinance to pay back the down payment loan with interest. Is that correct?  

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