Posted by Kristine-CA on March 19, 2009 at 18:11:01:
You can get good or better terms and less out of pocket by having the
seller carry back all or most of the purchase price.
You can use hard money if you are planning to flip, but then your deal has
to be very good indeed.
second investment property, HELP!!! - Posted by SD
Posted by SD on March 19, 2009 at 14:50:58:
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