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Updated almost 3 years ago,
Financing a property that you cant afford on your own
I am new to investing and look to purchase my first property later this year. I am looking to invest in a multifamily property, but I don’t have enough money to put a down payment on a 4-8 unit property. I have been looking into all the different financing options I would have, but being 19 they are very limited. Would finding a partner who is able to fund the down payment and split the equity in the property 50/50 be possible? If so, how would I go about it? Is there a better way to finance this while keeping 100% equity in the property?