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Updated over 4 years ago on . Most recent reply

User Stats

179
Posts
54
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Chris K.
  • Investor
  • Florida
54
Votes |
179
Posts

How to put low % down in Florida !

Chris K.
  • Investor
  • Florida
Posted

Hello,

I am looking at buying first investment property in Florida... but from what I am hearing I need 20-25% down. Although this is possible for me, my coc roi is low at these numbers (4%) with being a little cash flow positive.

Since this is my first investment property and not primary residence how can I put less than 20% down in Florida?

Thank you!

Chris

Most Popular Reply

User Stats

1,508
Posts
755
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Raymond J. Rodrigues
  • Lender
  • Miami, FL
755
Votes |
1,508
Posts
Raymond J. Rodrigues
  • Lender
  • Miami, FL
Replied

@Chris K. I am helping someone finance an investment property, 15% down payment, conventional loan in Florida. 

Feel free to reach out. 

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Helm Mortgage Corp
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87 Reviews

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