Skip to content
Buying & Selling Real Estate

User Stats

15
Posts
0
Votes
Andrea Flores
  • Traverse City, MI
0
Votes |
15
Posts

Common down payments on an investment property

Andrea Flores
  • Traverse City, MI
Posted Sep 23 2014, 18:23
I was wondering what the normal percent down would be on a triplex purchased as an investment property. My loan officer right now is saying 30% down because it is three units. However I have never heard this, I always assumed it was standard 20% down, plus PITI. Can anyone give me a breakdown of what is normal down payments for different sorts of purchases??

Loading replies...