Trying to Purchase 1st Apt Complex

[Gery Teague]

We're trying to purchase our 1st apt complex. We're approximately 40k short if we do a 20% down on a commercial loan. We're considering doing a HELOC or pulling cash out of a duplex that has significantly appreciated. What would you guys recommend?

• HELOC?
• Try for seller financing?
• Refinance Duplex and pull out more cash?
• Try to find a portfolio lender that will do 15% down?
• Other ideas?

Thanks in advance for any help or ideas!

Gery

[Gery Teague]

@Michael Kundrat,

If this deal works out, I'll put together as much info as I can and post it.

Thanks,
Gery