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Updated almost 3 years ago on . Most recent reply

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Benjamin Furney
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Small banks in LA for duplex loan

Benjamin Furney
Posted

Hello, I found a duplex that I would like to purchase in LA. I am looking for a small local bank that has flexible terms to talk to you. Any reccomendations?

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Marshall Leipprandt
  • Real Estate Agent
  • Miramar Beach, FL
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Marshall Leipprandt
  • Real Estate Agent
  • Miramar Beach, FL
Replied
Quote from @Benjamin Furney:

Im looking to buy a duplex in LA with 5% down. 


Gotcha. Well, if you qualify for an FHA loan, that could work. Standard FHA is 3.5% down. There may also be some first-time buyer loan programs. A lot of the big lenders do FHA loans - could be a good place to start researching.

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