Coming up with funding options before a deal is found
Hello,
I am currently in the process of looking for a buy and hold rental deal. The one hurdle I am trying to learn how to overcome is the fact that I have less than $5k to use as a down payment.
My questions is, what is the best way to come up with some options for when you find the perfect deal? I am assuming that Private Money Loan or Seller Financing is going to be the best option?
Also, has anyone used a company like this? - https://www.rcncapital.com/loan-programs/
Thank you!
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Did anyone end up using this lender. I talked to them today and I’m supposed to be receiving a call back from the lender w/ more details. I spoke with Tyler on the phone today and everything seems legit so far. Figured I would reach out and see if anyone has any more detailed info about ExpressLends.