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Updated almost 8 years ago, 01/04/2017

User Stats

104
Posts
9
Votes
Manuel Savorelli
  • South Jersey, NJ
9
Votes |
104
Posts

Is it possible to raise the down payment from private lender

Manuel Savorelli
  • South Jersey, NJ
Posted

And borrow the rest from conventional bank? 

I was considering raising 20-25% from PML and getting the balance from a conventional bank.   Is this one of those cases when I won't get approved due to lack of "skin in the game"?

Would I have a better shot at a portfolio lender? 

I'm trying to leverage as much as possible and come up with least out of pocket. 

Many thanks! 

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