Updated almost 9 years ago on . Most recent reply
Question for Lenders
I'm curious what types of things are attractive to you or would make you apt to lend to someone for less. If I were to present an awesome deal for a buy and hold 4plex with a lot of monthly cash flow why insist on 20% down? I'm most curious to know the why behind this. I understand what happened in 08, but it seems we've bounced back from that and a little give could go a long way. Thoughts?
Most Popular Reply
@Andrew Acuna You should be able to purchase anything with 4 or less units with a 3.0% down loan as long as you live in the property including your second one. That is exactly what I did