need some insight.
I am trying to buy a 10 units condo for some +cash flow, about $350,000 with existing tenants leaseing. but, when my broker said need 20% down. ($70,000). before the lender can consider it, and said this is investment properties, they won’t do no money down.
How can I get it financed? with no money down.
and what is the best way to do the financing?
you could also try private money for the down pmt or seeking a loan for the down pmt. the downside to this, is that you may end up with two mortgages. have you considered asking the seller to carry the 2nd? just a thought.