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Updated over 2 years ago on . Most recent reply

User Stats

14
Posts
9
Votes
Brian Boodoosingh
  • Rental Property Investor
  • Lakewood, OH
9
Votes |
14
Posts

Local lenders who do 5% down occupied loans on small multis?

Brian Boodoosingh
  • Rental Property Investor
  • Lakewood, OH
Posted

Hey Cleveland folks!

Looking for my second 2-4 family multi in Cleveland currently - looking to owner occupy it for a year or so before looking for a third. On our first duplex, we put 20% down (which was fine at the time), but I'd like to put significantly less down this time around to help us keep some reserves and cash for future deals. Does anyone have any recommendations for local lenders who will do anything in the ballpark of 5-10% down on 30 year fixed small multis without going FHA? Also happy to hear recommendations for regional or national lenders as well!

Most Popular Reply

User Stats

14
Posts
9
Votes
Brian Boodoosingh
  • Rental Property Investor
  • Lakewood, OH
9
Votes |
14
Posts
Brian Boodoosingh
  • Rental Property Investor
  • Lakewood, OH
Replied

Thanks @Nicholas MischI'll give Noah a try as well!

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