Offer submitted

[Bowe Averill]

Hi everyone, I am a beginner investor who has just submitted an offer on a 3 unit property. I am pre-approved on a loan from a local savings and loan, but I am curious if I should look for another method of financing that will result in a higher cash on cash return? The S&L (and other institutions) are asking for 25% down. I have used the calculator and the property will cash flow. Thanks for any advice or assistance!

Bowe

[Bowe Averill]

John Anderson,

Thanks for the response. It makes perfect sense and it's confirmation of what I was already thinking. 

Bowe