Any ideas on creative financing for your downpayment?

[jtmoniii]

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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[NJRealEstate]

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[jtmoniii]

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[DeletedUser2]

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[CashFlowDepot]

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