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Updated over 5 years ago,
Primary residence for a Duplex in Michigan
I have a quick question , I just bought a duplex. Babooooom! closed on it last week. first of many.
my question is, if I were to buy another and tell them that I plan on living in 1 side and renting out the other [primary residence] will the bank allow 3.5-5% down?.
only reason I ask is because I have heard a couple different things. including me needing 15-20%