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Updated over 3 years ago,

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60
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7
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20% down or 25% down for a duplex

Posted

lender said i need to put down 25% down payment on a duplex: this is what the numbers look like with a 25% down - (purchase price 92,900 (cashflow 500ish - ROi 25%)  

should i look for another lender to give me a 20% down and delay the process on getting the property or negotiate with seller and have them pay closing cost or drop the purchase price from the difference 

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