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Updated over 7 years ago on . Most recent reply

Michael Piccolo's profile image
Michael Piccolo's profile image
Michael Piccolo
  • Investor
  • from Bothell, Washington
  • Member since Jun 15, 2017
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Michael Piccolo's profile image
Michael Piccolo's profile image
Michael Piccolo
  • Investor
  • from Bothell, Washington
  • Member since Jun 15, 2017
Connect
Michael Piccolo
  • Investor
  • Bothell, WA
12
Votes |
11
Posts
Buying & Selling Real Estate

20% Down on a 4plex a Myth?? Lenders telling me must be 25%

Michael Piccolo
  • Investor
  • Bothell, WA
Posted

I'm in contract on a 4plex in Alabama. My lender is telling me 25% down is required for mulitfamily. In Brandon's webinar he always talks about 20% down. Is that not an option for a four plex? should I look for a new lender?  Anyone have a different experience with downpayment on four-plex or multifamily?

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