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Updated over 7 years ago on . Most recent reply

Graham Smith's profile image
Graham Smith's profile image
Graham Smith
  • from New York, NY
  • Member since Aug 4, 2017
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Graham Smith's profile image
Graham Smith's profile image
Graham Smith
  • from New York, NY
  • Member since Aug 4, 2017
Connect
Graham Smith
  • New York, NY
5
Votes |
25
Posts
Creative Real Estate Financing

4 unit foreclosure - owner occupied but still 25% down?

Graham Smith
  • New York, NY
Posted

I'm looking to buy a homepath.com 4 unit as my primary residence - but the bank still requires I put down 25% downpayment since 4 units?

Is there a way to finance this without having to put 25% down? It is a Fannie Mae property. Price is $600K.

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