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Updated almost 4 years ago,
The 25% down dilemma on a Multi-family
Hello BP, my first post. I have a dilemma where the lender is asking for a 25% down because it's a multi family unit I'm trying to purchase. My cash on cash ROI number is getting destroyed.
My big concern is getting the funds (25% - 60k), the only solution I’m coming up with is borrowing against my 401k. Any help will be grateful. Thanks!