Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago on . Most recent reply

User Stats

13
Posts
5
Votes

10% down payment investor loans

Piper Pepperidge
Posted

Looking for 60-100k properties in FL and OH, have been able to find some lenders / brokers that will do the loan but even less who will do it and loan to LLC but finding through the quotes I receive that the add'l costs to close add 7k on top which I acknowledge are mostly fixed costs, so trying to see if there are lenders that will do lower down to make my all in costs lower, even if this might make interest rates higher. I know there's lenders like kiavi that will do 10% but this is also my first time buying a home so similar lenders will not fund. Some suggest a line of credit for home prices so low, but the APR makes this unsustainable if I'm paying off the loan in 10+ years, same with hard money lenders. Ive even looked into seller financing but find the terms are often more unfavorable than a mortgage. I understand this is a unique situation so if infeasible I'll just have to accept the 20% down, but also open to hearing any other solutions, advice etc…

Loading replies...