Are there any reputable lenders today allowing 80/20 combined loans? There's all the talk of purchasing properties with the lowest down payment. I've found a few sellers who are willing to carry a 2nd for the 20 - 25%%. Also have a lender who will loan up to 80% LTV on SFR or 75% on 2-4 units. Only issue is the lender will not allow the seller 2nd. Thus making me come up with the full 20-25%. Any lender out there still allowing seller carry back or 2nd, while loaning 75-80% LTV on first deed? I need some loans.... Thank you.
@Tou V. you can purchase a SFR for as little as 15% down and a MFR with as little as 25% down on a MFR. Lenders want you to have skin in the game, as well and that is why secondary mortgages when purchasing.
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