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Updated about 8 years ago,

Aaron Barrett's profile image
Aaron Barrett's profile image
Aaron Barrett
  • from Iola, Wisconsin
  • Member since Sep 2, 2016
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42
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Aaron Barrett's profile image
Aaron Barrett's profile image
Aaron Barrett
  • from Iola, Wisconsin
  • Member since Sep 2, 2016
Connect
Aaron Barrett
  • Iola, WI
7
Votes |
42
Posts
Mortgage Brokers & Lenders

Down payment

Aaron Barrett
  • Iola, WI
Posted

I am looking at purchasing a property that is a tri-plex to buy and hold. It is listed at $31k. I plan on offering $25k although it will take approx. $45k in improvements before it is move in ready. Will my 20% down payment for financing only be based on the sale price of the house or improvements as well?

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