Financing a duplex that is already Cashflowing

[Jose Cueto]

I have found a duplex in my town for $115,000 and is currently bringing in $750 per unit. The property doesn’t need any work. I don’t have enough money for a down payment because I purchased my first investment property In December and most of my money went there. Any ideas on how to finance this property?

[Damian Bialonczyk]

@Jose Cueto

Consider teaming up with an investor who could put up disproportionately more cash in exchange for you managing the property/tenants. You could also see if the seller might be willing to hold the note on the mortgage (ie seller financing).