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Updated almost 9 years ago,

User Stats

5
Posts
1
Votes
Jermaine Freeman
  • Dyer, IN
1
Votes |
5
Posts

Newbie looking for finance options

Jermaine Freeman
  • Dyer, IN
Posted

Hello BP peeps,

I have a conventional loan on my primary residence that did not require me to put down 20%. So if I get a 2nd mortgage for an investment property, will it require 20%? 

I have good credit to acquire a loan but if I found a property for 100k, I'd have to come up with $20000 to get the loan.

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