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Derrick Thomas's profile image
Derrick Thomas's profile image
Derrick Thomas
  • from Atlanta, GA
  • Member since Jun 12, 2017

User Stats

41
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65
Votes
Derrick Thomas's profile image
Derrick Thomas's profile image
Derrick Thomas
  • from Atlanta, GA
  • Member since Jun 12, 2017
Derrick Thomas
  • Atlanta, GA
65
Votes |
41
Posts
General Real Estate Investing

Need Help On Mortgages And Putting Money Down

Derrick Thomas
  • Atlanta, GA
Posted

Hey guys just joined the community! I don't have a heavy finance background (nurse/bio background) so I've been pretty confused when it comes to using mortgages for real estate investment. Is 20% always required or is there ways to do investment with less money down?

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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016

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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,862
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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

If you do an owner occupied FHA loan it's 3.5perfdnt down

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