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 almost 15 years ago,
RENTAL PROPERTY
I need to verify if this is true. First off I am looking to buy this deplex for $109,000. There is a tentant living there now and another that wants to move in around April. I want to purchase the property but they are telling me since it is an investment and I don't want to live there its 20% down payment. I would like to only put down around 3% on an FHA loan. Is there anyway other than living there to get around putting up the 20% down. Please HELP!!