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Updated almost 5 years ago,
Down payment on a multi family (Non FHA)
I’m in the early stages of purchasing an investment property and am evaluating my financing options. I currently own a single family home and do not want to owner-occupy a multi family.
I spoke with a loan officer who said that I need to put 25% down on an investment property to get financing. Is this accurate?
I’m doing my research but thought this would be a good place to get answers and suggestions.
Thanks