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All Forum Posts by: Travis Shirley

Travis Shirley has started 1 posts and replied 2 times.

Post: Getting started — low on Down payment

Travis ShirleyPosted
  • Fort Worth, TX
  • Posts 2
  • Votes 0

Thank you.

Post: Getting started — low on Down payment

Travis ShirleyPosted
  • Fort Worth, TX
  • Posts 2
  • Votes 0

I’m new to this and really want to get started with a rental property. I don’t have the funds to provide the 20% down payments.

From the research I’ve done...  I’m supposed to borrow the down payment and in a year do a cash out refinance to pay back the down payment loan with interest. Is that correct?