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Updated over 3 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Gabriel Kreider
  • Harrisonburg, VA
3
Votes |
10
Posts

Purchasing a property with 0 down and a lot of equity

Gabriel Kreider
  • Harrisonburg, VA
Posted

Is it possible to purchase a property as an investment property with 0 down if I have over 20 percent equity in it at purchase even if there is no rental history? We are looking to purchase a property from our parents for 300 that is worth we’ll over 500. We be renting it out but not sure if we could get a loan with no history and no cash down. 

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