Buying Rental Property Under LLC

[Brandon S.]

I currently own three rental properties and hopefully will close on another one by May.

My friend and I also are thinking about buying a 4-unit complex in Washington, D.C. Because of the prices being so high in Washington, D.C., we are buying it together and thinking about putting that one under a LLC.

If we go that route, do lenders typically still require a 20% down payment? I heard we an LLC, you can go sometimes get 10% down payment requirements.

Any help is appreciated.