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Updated over 8 years ago,
What sort of Financing is available?
I am starting the search for my first Investment property. I own my home and would like to apply for a mortgage to purchase a 3 unit or more rental property. I will not be living in the property. This is strictly for income. Every MLS listing I look at states for Conventional Financing which would not be doable for quite some time because of the substantial down payment. I am looking to put a down payment I just would like to see it in the 3%-5% range.
I know there has to be something else out there!
Thanks!