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Updated over 4 years ago on . Most recent reply
Down Payment and 1% rule
Any tricks of the trade for getting money to cover your 20% down payments? Please don’t say get a job or save money lol. Cash runs out quick with 20% down, just wondering if you can shed any light on something that might help.
Also, does the “general 1% rule” normally net you positive cash flow?
Lastley, what is your average net profit on mortgaging a rental following the 1% rule?
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Getting private lenders might be an option. Befriend investors here or on LinkedIn might be a first step