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by HungryGuy on September 28th, 2004

HungryGuy

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If an income property were for sale for $300,000 for example, how much would I need to put down, and how much could I finance?

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Answers. 2 helpful answers below.

  • by LORDV8R on August 19th, 2006

    LORDV8R

    As a mortgage banker I can tell you that with a favorable credit there are numerous programs that will allow for NO DOWN PAYMENT (In this case the entire $300,000 would be financed)on investment properties. Keep in mind if you borrow the entire purchase price your monthly payment may be high thus giving you a negative cash flow on your investment.

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  • by Darrell Hardaway on November 9th, 2004

    Darrell Hardaway

    30,000 & 27,0000

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