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Updated almost 7 years ago on . Most recent reply

Leah Roberts's profile image
Leah Roberts's profile image
Leah Roberts
  • from Southeast Michigan
  • Member since Aug 6, 2018
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16
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2
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Leah Roberts's profile image
Leah Roberts's profile image
Leah Roberts
  • from Southeast Michigan
  • Member since Aug 6, 2018
Connect
Leah Roberts
  • Southeast Michigan
2
Votes |
16
Posts
Starting Out

First Duplex Purchase Financing

Leah Roberts
  • Southeast Michigan
Posted

I am looking for some advice..... I am getting ready to purchase our first investment property (duplex) and working with the lending institution, I learned from them I have to have 25% down in order to purchase due to Fannie Mae. Is this true? I have read that people put down as little as 10% down. 

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