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Updated almost 8 years ago on . Most recent reply

20% Down on a 4plex a Myth?? Lenders telling me must be 25%
I'm in contract on a 4plex in Alabama. My lender is telling me 25% down is required for mulitfamily. In Brandon's webinar he always talks about 20% down. Is that not an option for a four plex? should I look for a new lender? Anyone have a different experience with downpayment on four-plex or multifamily?