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Updated about 13 years ago on . Most recent reply

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27
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1
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David Duong
1
Votes |
27
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Investment property - 10% down?

David Duong
Posted

Hi -

Has anyone has recent success in purchasing an investment property where you obtain two loans -- one for 80% LTF and the other for 10%, and you put 10% down yourself?

Just wondering if the above scenario is still available to finance properties.

Looking at a 3rd rental and placing 20% down will hurt.

Thanks.

Most Popular Reply

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409
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616
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Ryan B.
  • Investor
  • -, IL
616
Votes |
409
Posts
Ryan B.
  • Investor
  • -, IL
Replied

Go talk to a small local bank instead of one of the big boys. Right now I can get loans with 15% down.

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