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Updated about 15 years ago on . Most recent reply

Pete Krzak's profile image
Pete Krzak's profile image
Pete Krzak
  • Member since Feb 10, 2010
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Pete Krzak's profile image
Pete Krzak's profile image
Pete Krzak
  • Member since Feb 10, 2010
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Pete Krzak
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14
Posts
Buying & Selling Real Estate

RENTAL PROPERTY

Pete Krzak
Posted

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!!

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