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Updated about 7 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Carlos Caloca
  • Lancaster, CA
2
Votes |
16
Posts

4plex down payment options

Carlos Caloca
  • Lancaster, CA
Posted
Hi BP! If I want to buy a 4plex using a conventional loan, what would the down payment be? 20%? Or can you find something lower?

Most Popular Reply

Account Closed
  • Lender
  • Redondo Beach, CA
6
Votes |
7
Posts
Account Closed
  • Lender
  • Redondo Beach, CA
Replied

Hi Carlos - With a conventional lender, you will be looking at 25% down for an investment property. You can go the private lender route, which sometimes will allow close to 90% of purchase price for financing. There are creative financing solutions based on what goals you are trying to accomplish. 

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