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Updated about 10 years ago on . Most recent reply

Evan Griffiths's profile image
Evan Griffiths's profile image
Evan Griffiths
  • Investor
  • from Charlotte , North Carolina
  • Member since Jan 12, 2015
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Evan Griffiths's profile image
Evan Griffiths's profile image
Evan Griffiths
  • Investor
  • from Charlotte , North Carolina
  • Member since Jan 12, 2015
Connect
Evan Griffiths
  • Investor
  • Charlotte , North Carolina
3
Votes |
12
Posts
Private Lending & Conventional Mortgage Advice

down payment? How much and where to look?

Evan Griffiths
  • Investor
  • Charlotte , North Carolina
Posted

I'm looking to purchase my first rental property. I keep hearing about 3% down mortgages from lenders like freddiemac and such. But I wanted to know how much should I be prepared for to get a mortgage on a property? 5%? 10%? 20%? 25%?

i'm looking for the right place to start looking for lending vendors

Property will be held in an LLC and i'd like to go with at least down as possible, plus CC

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