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All Forum Posts by: Demetrius Potts

Demetrius Potts has started 1 posts and replied 12 times.

Hello, I will be purchasing my first investment property within the next 3 months.  The property will be out of my state.  I’m looking into property managers in the area and want to hire them and have paperwork completed before closing on the home.  To put it simply, I want to purchase the property, hand the keys off to the property management company and let them go to work from there.  How do I explain this to property management companies, because it feels like they don’t understand what I’m asking or expect me to just have a property already.

Post: QOTW: How did you / are you financing your investment properties?

Demetrius PottsPosted
  • Rental Property Investor
  • Posts 18
  • Votes 4
Quote from @Steve Clifford:

I love a HELOC for downpayment, but conventional is the way to go if you're able to come up with even 10% down. Many lenders now offer a 10% down program for investment property. If yours doesn't, get in touch with me and I can help you find a few! Having the right lender and Realtor are extremely important when navigating investment property waters.


 There is a 10% down program?