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Updated about 11 years ago, 11/19/2013

User Stats

4
Posts
3
Votes
Jason Bigelow
  • Royal Oak, MI
3
Votes |
4
Posts

Lowest % down payment when living in 2-4 multifamily property

Jason Bigelow
  • Royal Oak, MI
Posted

What's the lowest down payment on a conventional loan when purchasing a quadplex that you will be living in? I'm a beginning investor and my bank is saying I'll need a 25% down payment but I was under the impression that I'd be able to put less down since I'm living in the property. What is the typical % down?

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