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Economic Surge, Housing Plunge: Why Economic Growth Is Wrecking Real Estate Opportunities
Mortgage rates recently rose above 7% for the first time this year, bringing an already glacial housing market to a standstill. The news has hit investors like a horror movie jump scare after […]
Gen Z Is Dominating Their Parents in Homeownership—According to New Report
When it comes to homeownership, Gen Z might be ahead of the curve. According to data from real estate firm Redfin, more Gen Zers owned their home at 24 than their parents did (millennials and […]
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Starting Out
HomeForumsStarting OutLess than 20% down payment
David Goldberg's profile image
David Goldberg's profile image
David Goldberg
  • from Passaic, Nj
  • Member since Nov 10, 2017
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David Goldberg's profile image
David Goldberg's profile image
David Goldberg
  • from Passaic, Nj
  • Member since Nov 10, 2017
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David Goldberg
  • Passaic, Nj
6
Votes |
51
Posts
Starting Out

Less than 20% down payment

David Goldberg
  • Passaic, Nj
Posted Dec 17 2017, 14:12

Does anyone in the Worcester Massachusetts area know of a lender that offers LESS than 20% for a multi-family investment property.

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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,850
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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied Dec 17 2017, 15:16

You can always live in it to get a lower down payment assuming it’s residential

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David Goldberg's profile image
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David Goldberg
  • from Passaic, Nj
  • Member since Nov 10, 2017
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6
Votes
David Goldberg's profile image
David Goldberg's profile image
David Goldberg
  • from Passaic, Nj
  • Member since Nov 10, 2017
Connect
David Goldberg
  • Passaic, Nj
6
Votes |
51
Posts
David Goldberg
  • Passaic, Nj
Replied Dec 17 2017, 15:18

It is a multi family and I live 200 miles away.

1 Vote
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