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Updated over 4 years ago,

User Stats

206
Posts
82
Votes
Chris Virgil-Stone
  • Rental Property Investor
  • Cape Coral, FL
82
Votes |
206
Posts

Low to No DP for Houshack

Chris Virgil-Stone
  • Rental Property Investor
  • Cape Coral, FL
Posted

Hi All

I'm looking for a low to no down payment option for a house hack in Florida. I've explored the FHA option and have used it before but I'm hoping to avoid PMI if possible ( would be around $250/month). I do have cash, great credit and some rental property. I've done this with my current house, 100% financed, no PMI etc, but it is a single family and the lender doesn't provide the same type of mortgage for multi-family. Any recommendations? I'm looking to put 5% or less down.

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