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Updated almost 2 years ago on . Most recent reply

User Stats

338
Posts
76
Votes
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
76
Votes |
338
Posts

Funding New Deals

Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Posted

Hi, I have currently 10 rental properties but am trying to get to 15 and really 20.  How can I go about creative financing my next rental without putting 20% down and breaking the bank?  Seems every lender wants 20% down.  Subject 2 is possible but very difficult to find those deals unless one looks outside of their county and searches statewide.

I have been wanting to add 1-2 properties a year to my portfolio but it seems like I am just adding one every two years due to having to save up the 20% down payment.


Any advice is warranted. Propstream can be helpful if can find those deals, however, I currently don't pay for it. I love to buy at 70% or less of the ARV. Maybe tax sales is way to go for next 2-3 purchases.

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