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Updated about 3 years ago,

User Stats

3
Posts
1
Votes
Luca Hillers
  • New to Real Estate
  • Portland
1
Votes |
3
Posts

5% Conventional Loans for Second Home/Investment Property?

Luca Hillers
  • New to Real Estate
  • Portland
Posted

My fiancé and I are looking to buy a second home to STR or a multi family property to begin renting out. Our credit and income are great, but our down payment is small relative to our area when considering having to put down 10-15%. I have heard there are tons of 5% down conventional loans on BP but every lender I've talked to says that's impossible. Can someone please point us in the right direction?

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