Hey Bigger Pockets.. Looking for a lender for a great deal!

Hey Bigger Pockets.. Looking for a lender for a great deal!

Investor · New City, NY · Member since 2017 · 8 posts · 0 votes

Hey Bigger Pockets! 

My parents are real estate investors and they own 4 duplexes in Rockland County. We found a great deal but our lender is asking for 25% down. We dont have the full downpayment. We are looking for a personal loan for 50k to use as downpayment or any other advice as to how to get our hands on this duplex for less than 25% down payment. 

Thank you so much! 

-Jeff 

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  • Rental Property Investor · Syracuse, NY · Member since 2017 · 45 posts · 15 votes
    8y

    Where is the property you’re trying to buy?

  • Investor · New City, NY · Member since 2017 · 8 posts · 0 votes
    8y

    Suffern NY 

  • Property Manager · Syracuse, NY · Member since 2016 · 601 posts · 384 votes
    8y

    You need an equity partner. Just have to put the word out that you're looking. 

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