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Updated over 4 years ago,

User Stats

29
Posts
27
Votes
Arun Dharan
  • Investor
  • Philadelphia, PA
27
Votes |
29
Posts

Apartment purchase financing

Arun Dharan
  • Investor
  • Philadelphia, PA
Posted

I am looking at an apartment complex in Pennsylvania to purchase and wanted to get some advice on the down payment options. The apartment is 450k and I have 30k saved up as a down payment. I was reading and spoke around with some and was told for an apartment complex you need 30%. Is there any ways around that and be able to put in 3.5% for an FHA loan.

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