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Updated about 8 years ago on . Most recent reply
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You found an awesome deal, now what.....
OK You found the deal - commercial 10 unit property - Safe estimate $100 cash flow per door after all expenses/P&I
You found a bank to lend 80% of purchase price.
Now you need 20% down payment. DO YOU.....
Drain 65% of you savings, stock options to make this happen.?
Found raise for private money?
Other (what is your other)?
Lets hear the strategies!
Most Popular Reply
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Since you have savings I assume you have the ability to save. Don't be afraid of down payments. I try to brrr as often as possible, but sometimes you need to put 25% down on a good property. I constantly drain my saving to buy properties. Then save for 6 months and do it again.