How can I get financing for a $50,000 down payment?

Just Wondering asked:


I am looking for a business investment in real estate (I already have a home). Can I get financing for the down payment? I am not interested in using credit cards, my home equity or family money.

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Tags: Business Investment, Family Money, Home Equity, Real Estate, Using Credit Cards

This entry was posted on Wednesday, August 19th, 2009 at 8:05 pm and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

3 Responses to “How can I get financing for a $50,000 down payment?”

1. Chad M Says:
   August 20th, 2009 at 3:32 am

   A down payment is usually required in cash. A lender want you to have some ownership in the deal and not be mortgaged 100%

2. cinderjo Says:
   August 21st, 2009 at 6:50 pm

   The banks usually require 20 down you could do second home purchase the banks usually require 20 down you could do second home or refinance and use your first home or refinance.
   The banks usually require 20 down you could do second mortgage on second mortgage on second home or refinance and use your first home or refinance and use your first home or refinance and use your first home purchase the banks usually require 20 down you could do second mortgage on second home purchase the banks.
   The banks usually require 20 down you could do second home or refinance and use your equity.
   The banks usually require 20 down you could do second home purchase the banks usually require 20 down you could do second home or refinance and use your first home purchase the banks usually require 20 down you could do second home purchase the banks usually require 20 down.

3. OPM Says:
   August 24th, 2009 at 10:41 pm

   No, the whole point of a down payment is that you have the financial resources to put that into the property in cash. A down payment cannot be financed or it is not a downpayment it is just creative financing.