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Updated almost 6 years ago on . Most recent reply

User Stats

6
Posts
1
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Ryan Myers
1
Votes |
6
Posts

First Rental Property

Ryan Myers
Posted

Hi,

I'm looking to buy my first rental property in the Miami area and was curious as to what is the least I could put down for a down payment? I spoke to one lender and was told that minimum down for a investment property would be 15%. Does anybody have any insight on this? I don't have much to put down at the moment due to recently buying my first house and paying for a wedding but I would like to get started in REI sooner rather than later.

Ryan

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