100% financing for investment property

[Mathew Scott]

Hi Everyone, I'm currently in the beginning stages of learning about investment properties. If I decide to buy, the property would have to be 100% financed. 80% mortgage + 20% loan for down payment. For those of you with experience using 100% financing where did you get that extra 20% from? HELOC? Re-financing the mortgage on your principal residence? What's worked for you and how did you do it.

Thanks Mat

[John Corey]

The problem is how people think of the topic.

100% financing makes no sense to the people putting up the cash. They are taking all the risk. As such, they should get all of the benefits.

If you want to JV with someone, look for people who have what you lack and where you bring what they need to the deal.

There will be people with no time and yet they have cash to invest. They need someone else to run things. That said, the party with the cash needs to know the person doing the work will not walk away later. If there is no 'skin in the game' what stops you from pulling out when the deal hits a bad patch? The person with the cash is generally all in before the bad patch. They can not walk away.

Bacon and eggs implies the chicken is involved while the pig is fully committed.