Is it possible to do 1% down

[Taylor Thompson]

I am looking to get my first house hack within a few months from now and looking to see if I’m able to do 1% down payment because Denver is a expensive market. I know there downpayment assistance programs and plan on spending around $400-$500k on the house hack. Any feedback would be helpful thanks!

[Chris Freeburg]

@Taylor Thompson I'm no lender, but I'ver never heard of 1% down. There's just no skin in the game and so it's too much risk for a lender. Minimum 3% down is lowest I know, which is still great, especially with interest rates right now. Just keep saving, month by month, and you'll get there. Or, find someone to do a deal together.