5% Down after purchasing 1- 2 properties with 20% down. Possible?
Greetings Everyone , Me and my husband are excited to step into Real Estates, and we are looking forward to buy our first investment property. We also want to buy an apartment or a house for us. So we have this best option to buy a multifamily house, keep one for us and rent out the others. We have seen and analysed few properties. However, till now no luck in finding a Multifamily house where we can stay (Paying 5% down), but the numbers and cash flow for these properties are good. So these can be good investment properties.
So, Any Idea If I buy such property with 20% down now, do I still have option open to pay 5% down for my next property?