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Updated 1 day ago, 12/18/2024
SFR loan programs < 25% down
Recently completed a cash-out refi and want to take that money and buy 2 additional properties (~$200k or less each). Currently have 3 rentals and conventional lending has been my norm, but all the local lenders are predominantly 25% down. Some have a 20% down, but the rate rises significantly. Great credit scores and plenty of income from my W-2 source. Are there decent 15% or 20% options out there for purchases in Alabama?