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Updated over 8 years ago, 05/28/2016

User Stats

9
Posts
3
Votes
Denzer Campbell
  • Investor
  • Syracuse, NY
3
Votes |
9
Posts

Financing options Multifamily home

Denzer Campbell
  • Investor
  • Syracuse, NY
Posted

Hello Everyone!

9 Months ago I purchased my first multifamily rental property utilizing the FHA 3.5% first time home buyer mortgage. Things have gone well, and I would like to purchase another multifamily property.

I do not believe I can use the FHA mortgage again unless I am relocating to another city.

Are there any low down payment alternatives to a conventional 20% down loan, preferably something 10% or lower / comparable to the FHA program that I could utilize to purchase another multifamily ?

Thank you!

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