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Updated over 9 years ago, 06/02/2015

Steven Daley's profile image
Steven Daley's profile image
Steven Daley
  • Investor
  • from McDonough, GA
  • Member since Dec 7, 2014
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User Stats

8
Posts
2
Votes
Steven Daley's profile image
Steven Daley's profile image
Steven Daley
  • Investor
  • from McDonough, GA
  • Member since Dec 7, 2014
Connect
Steven Daley
  • Investor
  • McDonough, GA
2
Votes |
8
Posts
Multi-Family and Apartment Investing

Down payment for multifamily

Steven Daley
  • Investor
  • McDonough, GA
Posted

Greetings BP Family, I am interested in purchasing multifamily properties but unfortunately I dont have the 20% to use for my down payment so I am trying use creative financing to obtain a property. My scenario is to have 75 to 80% financed by the bank, have the seller take back a 2nd of 10 to 15% and i would put 5-10% . Can anyone offer any suggestions in finding sources for down payment?

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