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Updated almost 5 years ago on . Most recent reply

Noah P Bonds's profile image
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Noah P Bonds
  • from Boise, ID
  • Member since Aug 30, 2019
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Noah P Bonds's profile image
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Noah P Bonds
  • from Boise, ID
  • Member since Aug 30, 2019
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Noah P Bonds
  • Boise, ID
36
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59
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Multi-Family and Apartment Investing

25% down for multi families. Anyone finding better loans?

Noah P Bonds
  • Boise, ID
Posted

Lenders I’ve spoke to are requiring 25% down for any multi family investment properties. Just a couple months ago they would do 20% and one would even do 15%. Wondering if anyone has found a lender that will do less than 25% lately?

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    Bjorn Ahlblad
    #5 Multi-Family and Apartment Investing Contributor
    • Investor
    • Shelton, WA
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    Bjorn Ahlblad
    #5 Multi-Family and Apartment Investing Contributor
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    • Shelton, WA
    Replied

    @Noah P Bonds and they will want reserves, track record, net worth equal to loan amount and your first born!

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