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Is 20% down still the norm?

Posted Jan 15 2022, 10:00

I am getting prepared to start deep diving into getting financing for a multiunit rental property. My initial understanding was I wouldn’t need about 20% down. But after a lot of research I see a lot of people are getting financing for duplex or quadplex’s with less than 20% down. So my question is, has anyone received or know of someone that has received financing with less than 20% down for turnkey duplex or a quadplex without doing a house hack?

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