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Updated almost 8 years ago,
Indianapolis Mortgage loans
Hey guys. I'm looking at 2 or 3 multi family properties for my first real estate investment. I have spoken with a couple banks who send me to their commercial loan department after I explain what I am trying to do. I am a first time home buyer, and was wondering if anyone had some advice on whether or not an FHA loan might be the best bet in this situation. Or, if there are ways to get a loan for 5-15% down instead of 25% like the commercial lenders are expecting. Thanks for any feedback