You can then use this money to continue expanding your business.There are a number of ways that you can use financing to cover your construction costs for renovation, but it's important to weight the pros and cons of each.

How did you finance this deal?

I originally wanted to offer $1.25MM with 15% down and seller financing at 6% 30 yrs amortization with 5 yr balloon. 

If it's financed already with a conventional lender, it's best to ask them.

I would recommend first establishing what your financing options are based on your cash on hand and cashflow expectations....  5% down? 

Based on the available information, here are some creative real estate financing and investing strategies for generating passive income:1.

If I wanted to owner-occupy a 5-10 unit apartment building, would I be able to do 5% down conventional financing or must I do the 20% down simply because anything 5+ units is commercial? 

Groups like distressed properties or seller financing?  

Assuming I can get a loan, or seller finance this, it would cost me about $400 a month. 

Does anyone have connections with progressive banks that will finance the following situation?