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Updated almost 6 years ago on . Most recent reply

User Stats

45
Posts
11
Votes
Cory Benhardt
  • Rental Property Investor
  • Philadelphia Suburbs
11
Votes |
45
Posts

How did you raise your down payment for your first deal?

Cory Benhardt
  • Rental Property Investor
  • Philadelphia Suburbs
Posted

Trying to save up as much as possible for my first buy and hold property. Any tips to get the best ROI to raise money for a down payment?

Most Popular Reply

User Stats

206
Posts
174
Votes
Matt Honeyford
  • Investor
  • Rochester, NY
174
Votes |
206
Posts
Matt Honeyford
  • Investor
  • Rochester, NY
Replied

@Cory Benhardt

I went to 5 credit unions and opened up unsecured personal lines of credit. I did it all on the same day and was able to secure 3 of them. Each at $20k.

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