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Updated over 3 years ago,

User Stats

33
Posts
11
Votes
Christine Smith
  • Rental Property Investor
  • Nashville, TN
11
Votes |
33
Posts

Ohio private equity down payment partnership

Christine Smith
  • Rental Property Investor
  • Nashville, TN
Posted

Randomly came across this deal. We just bought a house so we don’t have the full down payment for this other opportunity.

Most people I speak with that are lenders need a minimum, need you to have some money in the deal etc.

I'm having trouble finding an equal equity partnership to fund the down payment. Produces 1.5% rule cash flow wise. No real work needs to be done and I've calculated numbers for typical HML loans and it's not a home run if for that type of financing. I know most times it's a relative or someone you know. My family is skeptical because I didn't find the multi unit on Zillow or the MLS lol. Are there any other strategies I could utilize? Thanks!

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