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Updated almost 4 years ago, 12/05/2020

User Stats

7
Posts
1
Votes
Jesus Palacios
1
Votes |
7
Posts

Conventional loans for multi family

Jesus Palacios
Posted

Hi everyone, wanting to start my real state journey. I been working towards getting my first multi family unit. I was pre-approved for a fha loan, but most of the units that I find are either cash sales, conventional or targeted for investors. My question here is... is there a way to qualify for a conventional loan without putting 20%-25% down payment? Should I negotiate with the lender or should I find another lender? Or should I just keep looking around until I find something that I accept the fha loan? Thanks in advance! I look forward to all the feedback and suggestions.

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