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Updated over 11 years ago on . Most recent reply

User Stats

281
Posts
94
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Marcus Johnson
  • Investor
  • Apple Valley, MN
94
Votes |
281
Posts

How much down or should I say how little down

Marcus Johnson
  • Investor
  • Apple Valley, MN
Posted

I haven't gone to a bank yet, but am wondering for those warriors out there in the market buying flips, how little are you putting down with traditional loans? How loose are the restrictions these days since the big crash? I'm saving 25k to 30k for renovation costs, but would like to put the least down since it will be turned over within 3 to 4 months.

Most Popular Reply

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6,201
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4,343
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
4,343
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6,201
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied

Usually investors need 25-30% down.

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