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Updated over 1 year ago on . Most recent reply

Gap Funding for Down Payment
Trying to get as creative as possible. Does anyone know any lender that offers gap funding solutions. My partner and I are trying to purchase another STR but we don't have enough money for the downpayment
Most Popular Reply

@Keleisha Carter...fyi - down payment required for a rental sfr is 15% ...what amount is needed and what amount do you have ? ideas 1) leverage present homes / other assets ...2) 401K retirement account funds 3) heloc on primary home 4) gift funds normally arent allowed for rental purchase