All Forum Posts by: Christopher Hall

 Not possibility at this point in time.

I am fairly new to investing I own one rental and am looking to get my next one. I already have a property in mind that is currently leased to 3 tenants ( it is a tri plex.) I only have $15000 saved for closing and down payment. The property just hit the market and each unit is rented for $400 a month. The listing price is $99,000. It's meets most every criteria I know of. No hoa, tenants pay utilities, and it's being sold because the current owners are liquidating assets for retirement and moving out of the area. This property is in North Carolina. My credit is around a 750. I am enlisted Air Force.

Given the above information how would you try to get financing? I don't have enough for most investment loans but I'd very much like to have this property. I'm hoping someone has a creative idea I haven't run across yet.

Thank you for your responses in advance!