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Updated over 4 years ago,

User Stats

39
Posts
5
Votes
Mike Colucci
5
Votes |
39
Posts

Need some guidence and help

Mike Colucci
Posted

Hi everyone, I currently own my 2 bed 2 bath condo (mortgage free). I would like my next purchase to be a 4 unit apartment building, but I don't have the down payment money for one. Would this be a situation where creative finance comes in to play? Basically, getting the down payment  from a hard money lender and then a mortgage through a bank? Or am I way off base here and trying to bite off more than I chew? What would be the right path to achieve this goal?

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