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Updated almost 2 years ago on . Most recent reply

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Aundre Oldacre
  • Investor
  • Brooklyn, NY
2
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80/20, 80/10/10 Piggyback Loans

Aundre Oldacre
  • Investor
  • Brooklyn, NY
Posted

I'm hearing piggyback loans (80/20 and 80/10/10) have come back from some lenders.  Does this apply to commercial as well?  Also does anyone know of lenders willing to do either for residential properties?

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Nikki Grizzle
  • Rental Property Investor
  • Wake Forest, NC
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Nikki Grizzle
  • Rental Property Investor
  • Wake Forest, NC
Replied
Originally posted by @Aundre Oldacre:

I'm hearing piggyback loans (80/20 and 80/10/10) have come back from some lenders.  Does this apply to commercial as well?  Also does anyone know of lenders willing to do either for residential properties?

 Yes, you can get them for investment properties. You need to find a small bank. Currently doing business with a small bank that gave us that option. They do not advertise it but yes, it can be done for investments. 

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