20% Down Payment Workaround Ideas & Questions

[Eduardo Beltran]

Hi everyone! Hope y’all are doing great today & are staying hungry 👍🏻

I have a question in regards to the down payment on an investment property for those WAY more experienced than me.

I want to purchase my first investment property, but don’t have the full 20% down payment amount. It’s a $50k-ish down payment, but i’m currently working with $10k only. It’s for a duplex that is undervalue and will be able to sell or refi for more, but currently going for $250k for both sides.


QUESTION: How do I get around the down payment problem? I’m open to suggestions. I have a possible investor who might be interested in going in with me, but is there other options? I know there is hard money lending, but I will need to come up with almost $40k that route and I’m back at the same problem.

I appreciate all of your inputs and suggestions!