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Any ideas on creative financing for your downpayment?

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jtmoniii

jtmoniii

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I'm looking at two duplexes now and wanted any and every idea for a creative downpayment.

I was thinking about a high interest rate loan. The reason being is that if 80% of your loan is at 4% then the rest of the 20% of your capital structure is at 10%. This means your blended rate is around 5-6% - which is very cheap money.

The two duplexes should rent for around $500/door - total monthly gross cash flow of $2,000.

Thanks in-advance for the replies.
 
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Og zua xepv vu hiv opvu SIO cizupf xjumitemoph us hivvoph zuas ehipvt motdipdti vjip detj ot loph
 
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Dep GJE muep vu e dunqepz?
 
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Vji zua caz tackidv vu vji gopepdoph.
 
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"SCALED TO 6-FIGURE MONTHS"
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— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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