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Updated over 6 years ago, 08/14/2018

User Stats

24
Posts
23
Votes
Peter LaBreck
  • Rental Property Investor
  • Berwick, ME
23
Votes |
24
Posts

Personal loans for down payment?

Peter LaBreck
  • Rental Property Investor
  • Berwick, ME
Posted
So I acquired my first investment property with an FHA loan. It is a duplex which I will occupy for a year. After that purely investment property. In the next few months I want to attain another separate investment property. I have some funds to use but in order to cover the 20-25% down payment I would have to use a loan or personal loan. Has anyone done this and what should I be concerned about with this?

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