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Updated almost 11 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Boston, MA
  • Member since Jan 21, 2014
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Boston, MA
  • Member since Jan 21, 2014
Connect
Account Closed
  • Boston, MA
2
Votes |
46
Posts
Buying & Selling Real Estate

25% down payment

Account Closed
  • Boston, MA
Posted

Hola bigger pockets-ites,

So an agent at Quicken Loan today told me if I want to get a multi-family that is more than 2 units, I would have to put down 25% down payment as a rule. Has anyone heard of this? I'm qualified for FHA loan since I'm a first-time home buyer. I thought you only have to put down 5%, granted I live in Boston. Any ideas?

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