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Updated about 9 years ago,

Account Closed
  • Rental Property Investor
  • Oakland, CA
1,363
Votes |
730
Posts

Residential 4 Unit MF Financing - less than 25% down?

Account Closed
  • Rental Property Investor
  • Oakland, CA
Posted

Hi all,

I am a MF investor (currently own 3 multi-families in Oakland, CA)

I am looking at making offers at a few 4 unit properties this coming week (between 450-650K each)

A few of the the bankers I have talked to mentioned that its strictly 25% down at this point. (I've already used my FHA allowance)

Anyone know of any lenders in the Bay Area that will do less than 25% down for non-owner occupied? 

I saw that Cash Call does mortgages now and their rate sheet has a product for this - anyone use them? 

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