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How to purchase out of state?

Miguel Rodriguez
Posted Jun 10 2021, 10:18

I’m looking at a duplex to purchase out of state my lender says because it’s an investment property we have to put down 25%. Does anyone know if this is the only path? I’m looking to put down max 10% to 15%, 25% would deplete my entire savings on one property. Any help or advice would be greatly appreciated.

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