Loan for Down Payment

[Josh Salvo]

For a conventional loan that requires 20% down, has anyone ever taken out a loan for the down payment or used other channels for the down payment outside of spending their own cash? 

If anyone has any recommendations I would greatly appreciate it.

[Tom S.]

@Josh Salvo Typically conventional lenders don't want the downpayment funds to be borrowed. You can however use a 401k loan or a HELOC from another property. I've done both of those successfully although the 401k was much easier (no required reason for the loan, funds in 2 business days, $100 admin fee).