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Updated over 3 years ago on . Most recent reply

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5% down loan for owner occupied multifamily

Ali Kemal Özcan
Posted

My friend and I would like to buy 4plex and live in 2 units and rent others. I approached some lenders and they mention min down is 25%, even though we will live in the building. I would like to ask if there is a lender who is willing to give a loan with 5% down.

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