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Updated over 11 years ago on . Most recent reply

Roy Williamson's profile image
Roy Williamson's profile image
Roy Williamson
  • from Rancho Cucamonga, California
  • Member since Nov 4, 2013
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Roy Williamson's profile image
Roy Williamson's profile image
Roy Williamson
  • from Rancho Cucamonga, California
  • Member since Nov 4, 2013
Connect
Roy Williamson
  • Rancho Cucamonga, CA
9
Votes |
58
Posts
Buying & Selling Real Estate

Is a 50% down payment required to buy 5+ unit properties in AZ and NV?

Roy Williamson
  • Rancho Cucamonga, CA
Posted
A friend is looking to purchase a 5 unit or more apartment complex in Arizona or Phoenix. I know in California anything over 4 units is considered commercial property. Does this rule still apply in AZ, NV and other states?
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Roy Williamson's profile image
Roy Williamson's profile image
Roy Williamson
  • from Rancho Cucamonga, California
  • Member since Nov 4, 2013
Connect

User Stats

58
Posts
9
Votes
Roy Williamson's profile image
Roy Williamson's profile image
Roy Williamson
  • from Rancho Cucamonga, California
  • Member since Nov 4, 2013
Connect
Roy Williamson
  • Rancho Cucamonga, CA
9
Votes |
58
Posts
Roy Williamson
  • Rancho Cucamonga, CA
Replied

Joel Owens Thanks Joel. That's was very insightful and helpful. My friend/partner/mentor tends to be conservative with investments. So I'm guessing that's where he gets the 50% down info from.

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