Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Minimum down payment question
Hello everyone.
My current rental properties were both financed with hard money, before paying them off low enough to get a HELOC and simply put the balance on there.
I'm now interested in purchasing an additional rental property (4-plex) through a traditional lender, as the 10% interest rate is crushing.
With that background, my question is simple - What is the minimum down payment most lenders require to purchase a 4-plex? (725 credit score, good income).