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Updated over 5 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Dustin M Prasuhn
  • Specialist
  • St. Louis, MO
1
Votes |
7
Posts

Four Family Fully Occupied FSBO

Dustin M Prasuhn
  • Specialist
  • St. Louis, MO
Posted

There is a FSBO property I saw for sale that is a four family fully occupied bringing in $2,360/month. My assumption is that no rehab work would need to be done so I would be buying a turnkey property with a conventional loan. What are some suggestions to come up with some financing for the 20% down? Are investors still open to financing down payments with an appropriate ROI or can I do a first mortgage for 80% and a second for the down payment. Any advice is greatly appreciated.

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