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Updated over 7 years ago on . Most recent reply

User Stats

7
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0
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Brahm Kiran Singh
  • San Francisco, CA
0
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7
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Reducing down payment

Brahm Kiran Singh
  • San Francisco, CA
Posted
I am taking the 90 day year end challenge. I am looking for a rental property outside SF (currently live in SF). Talked with Bank of America and got a pre-approval for an 800k residential place with 25% down (200k). 25% seems very steep. Question to all the awesome folks here: what are my options to reduce the down payment? If there are books I can read or resources I can peruse - happy to do that. All pointers welcome!

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