Putting down 15%????

[Adam Philpot]

I’m always hearing on here about how investors only put down 10% or less. How is that possible with investment properties? I’m always told minimum 15% for investment properties.

[Jay Hurst]

15% down is available for full doc conventional financing AND debt service coverage ratio loan for single family homes.  You do have to have decent credit for both options but fully available. 10% would have to be a portfolio loan that there is likely more to the story the simply 10% down.