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Updated almost 4 years ago,

Jonathan Marx's profile image
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Jonathan Marx
  • Member since Oct 22, 2020
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Jonathan Marx's profile image
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Jonathan Marx
  • Member since Oct 22, 2020
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Jonathan Marx
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Buying & Selling Real Estate

Multi Family Mortgage down payment

Jonathan Marx
Posted

I'm currently in the process of closing on a 3 family investment property in Newark, NJ. I have a few mortgage companies willing to give us a load but we have to put down at least 25%. We have this amount but would rather put down 15-20%. It seems that conventional banks won't allow anything else. Any other options? 

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