I could bring in a 2nd party to split it with, but would like to avoid that.
The bottom line is that I am going to have to come up with ~25K cash. I have ~10k to put down and ~15k in these retirement accounts. Would a seperate mortgage for the down payment be possible here? The payments on the mortgage are easy for me to handle, I just dont have the cash.
I just purchased my first one last fall and happily plopped down 20% which drained my cash pretty good. So I do have landlord experience. It all hinges on quality of tenant. It is near the one I recently purchased and is in much better shape. Its a good buy, even at the listed price IMO.
This post was edited on 2/10 at 5:53 pm