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Updated over 5 years ago, 06/25/2019

Nilo Ignacio's profile image
Nilo Ignacio's profile image
Nilo Ignacio
  • Contractor
  • from San Antonio, TX
  • Member since May 19, 2018
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User Stats

15
Posts
3
Votes
Nilo Ignacio's profile image
Nilo Ignacio's profile image
Nilo Ignacio
  • Contractor
  • from San Antonio, TX
  • Member since May 19, 2018
Connect
Nilo Ignacio
  • Contractor
  • San Antonio, TX
3
Votes |
15
Posts
Buying & Selling Real Estate

Down payment on investment property

Nilo Ignacio
  • Contractor
  • San Antonio, TX
Posted

If I buy a investment property that is cheaper than the home value,

Do I still need to put down 20%?

Say the value of the house is $150K, if I buy the house for 80K

Do I still need to put 20% down if the house has a lot of equity?

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