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Updated about 5 years ago on . Most recent reply

Pedro Sanchez's profile image
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Pedro Sanchez
  • Rental Property Investor
  • from Cincinnati Ohio
  • Member since Nov 28, 2019
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Pedro Sanchez's profile image
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Pedro Sanchez
  • Rental Property Investor
  • from Cincinnati Ohio
  • Member since Nov 28, 2019
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Pedro Sanchez
  • Rental Property Investor
  • Cincinnati Ohio
1
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Multi-Family and Apartment Investing

20% down on a fourplex

Pedro Sanchez
  • Rental Property Investor
  • Cincinnati Ohio
Posted

I hear all the time people say 20% down on four-plex as a investor. I have never found any bank that will do less than 30%. Please help.

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Chris Mason
  • Lender
  • California
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Chris Mason
  • Lender
  • California
ModeratorReplied

25% is the FNMA/FHLMC standard, which is what you will go with if you want a reasonable rate/fee/term/etc combo.

  • Chris Mason
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