Posted by Mikey on March 19, 2009 at 22:57:25:
A mortgage broker that does commercial could possibly get you to 20% down.
Otherwise you would be looking at Hard Money to get the smallest out of pocket. But even then it depends on the loan size how much skin in the game they would want to see.
second investment property, HELP!!! - Posted by SD
Posted by SD on March 19, 2009 at 14:50:27:
I am planning on purchasing my second investment property and trying to get financing in place before i start making offers. What is the best way to purchase multi-family residential properties with little money down. Small banks, private investors, hard money? where have you had success?
I know today lenders are looking for 70% LTV and around 25% down, but where can I go to get similar LTV and less out of pocket.
SD