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Updated 4 months ago on . Most recent reply
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Down Payment - Rental Properties (2-4unit)
Hello all, looking for any lenders/banks that require 10-15% down payment on rental properties (2-4 unit's) depending on LTV.
From what I seen with traditional banks they all want 20% down and more. Any recommendations are welcome.
Am in the Wisconsin area.
Most Popular Reply
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You are right. 80% is the best you will probably get. 85-90% LTV is only for special situations. If I were you, I would look to raise equity. Or buy cheaper rentals...