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Updated over 8 years ago on . Most recent reply

User Stats

22
Posts
10
Votes
Kevin Frett
  • Real Estate Professional
  • Orlando, FL
10
Votes |
22
Posts

Is 40k enough to put as down payment on a multifamily property.

Kevin Frett
  • Real Estate Professional
  • Orlando, FL
Posted
I have recently saved up 40k and I'm looking for a multifamily property that I can acquire with a 40k down payment. I travel to Norway a lot so I would need a manager in place. I'm also interested in a joint venture to acquire a bigger multifamily property but everything needs to make sense. Need some advise.

Most Popular Reply

User Stats

84
Posts
9
Votes
Marko Cvetkovic
  • Developer
  • Kansas City, KS
9
Votes |
84
Posts
Marko Cvetkovic
  • Developer
  • Kansas City, KS
Replied

Kevin have you talked to a lender on what they want for a down payment percentage? Good luck, you will do great

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