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Updated over 8 years ago, 05/28/2016
Financing options Multifamily home
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!