Moving from SF to duplex/4plex

2 Replies

Hey guys, I’m considering withdrawing the equity from my current home for a down payment and purchasing a duplex or fourplex, renting out my current house and moving in to one of the units of the duplex/fourplex. My question is by doing this and making my primary residence one of the units am I required to pay 20% or 5% down? Thanks.

I agree with Antoine. If you don't use an FHA loan, you might be able to go below 20% if you call the right lender. A smaller bank or credit union is typically more flexible, so I'd try calling several of them if that's what you need.