How to come up with 25% down payment for Buy and Hold 2 family?

[Dolores Waldron]

Hi All,

We need to come up with the 25% down payment to purchase an investment property in our area, can you share how we can find this 25% - I know we can look at using private money at a certain % but this method is quite expensive for long term as we are looking at 30 year mortgages.  I am not clear how we can use private money and get people paid back before 30 years.

Appreciate any ideas on coming up with a down payment and paying it back.

Dolores

[Ryan Van Fleet]

Someone else might have more details, but here are some starting points

• Find a partner that can front the money
• Equity home loan
• Borrow against your retirement
• Private money: use the BRRRR strategy. Buy renovate, refinance