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All Forum Posts by: James Potter

James Potter has started 4 posts and replied 11 times.

Creative Real Estate Financing

Post: First Multifamily Property Financing

James PotterPosted
  • New to Real Estate
  • Atlanta, GA
  • Posts 11
  • Votes 5

Hello all! This is my first post on here and I’m stoked to engage with all of you and ultimately provide value to the forum! My wife and I are preparing for our first RE investment property - most likely in Q3-Q4 2023. We have never had a mortgage. We bought our home and 5 acres for $90k cash off an auction in 2018 and have put ~$150k cash into rehabbing it. Given this, although we don’t quite have the capital for a 20% down payment, we do have solid credit and W2 income. I know there are several ways to leverage our free-and-clear house. Any suggestions on potential creative financing; recommended lenders; etc..; would be greatly appreciated!

3 Votes