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Updated over 7 years ago on . Most recent reply
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Need bankers which offer 20% Down for Investment properties
I recently got my offer accepted for a duplex but almost all the banks are asking for 25% down and I always thought 20% is the go-to way to get things done. I really need some asap replies to pinpoint some banks which still offer 20% down in Minnesota. Sorry I'm pretty new to the biggerpockets so I dont know where else to post this urgent request.
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If you intend to occupy unit you should be able to to get conventional lending for less then 20% down, but that is for
owner occupied. You may want to search local meet ups in area to see who other investors are using. getting good lending answers tends to be a regional question, try to find a local source.
- Shawn Mcenteer
- 9739753895
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