20% down payment to secure a loan

[Henry Valle]

What strategies can be deployed to avoid having to pay 20% on an investment property?

[Joel Calkins]

Hey Henry, this is a great question!

Here are some ideas:

If you can find a seller financing deal, often times down payments are negotiable and flexible.

You might also want to look into an FHA-style loan, the lowest amount you can put down on a house hack deal on a small MFR would be 3.5%. However, it would have to be your primary residence.

There are also other options like hard and private money lenders.

In some states or areas, there are down payment assistance programs and grants so do some research and see if these apply to you.

If you're going the conventional route lenders will want to see more not less. 

Hopefully, this gave you some more options. If you have questions don't hesitate to contact me! Goodluck!