Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Jesus Palacios
1
Votes |
7
Posts

Conventional loans for multi family

Jesus Palacios
Posted

Hi everyone, wanting to start my real state journey. I been working towards getting my first multi family unit. I was pre-approved for a fha loan, but most of the units that I find are either cash sales, conventional or targeted for investors. My question here is... is there a way to qualify for a conventional loan without putting 20%-25% down payment? Should I negotiate with the lender or should I find another lender? Or should I just keep looking around until I find something that I accept the fha loan? Thanks in advance! I look forward to all the feedback and suggestions.

Most Popular Reply

User Stats

7
Posts
1
Votes
Jesus Palacios
1
Votes |
7
Posts
Jesus Palacios
Replied

@Micah Sweeney so far all my research points toward me needing 15% down.

Loading replies...