All Forum Posts by: Brad White

@Brad White yeah, lots of places will give a 15% down loan on a PERMANENT loan regardless of your relationship with them. That's a pretty standard loan. Now, in other states there are lenders that will provide a 95% LTV loan on investment properties. It's pretty crazy that they do that. They also require you to have a DTI below 43% when using that loan type...and when you are bleeding money on a rental because you purchased at 95% LTV having a DTI below 43% can be pretty hard. But in Texas, those loans don't exist (currently).

Most of us still use the same old strategies to acquire properties to avoid the large downpayments - BRRRR Method, SubTo, Assumptions, etc. - and yes, we do have hard money lenders that will lend at an aggressive LTV to help with these methods. On the permanent side though, 15% down is the lowest that any of us has ever found in Texas.