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15
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3
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Nilo Ignacio
  • Contractor
  • San Antonio, TX
3
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15
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Down payment on investment property

Nilo Ignacio
  • Contractor
  • San Antonio, TX
Posted

If I buy a investment property that is cheaper than the home value,

Do I still need to put down 20%?

Say the value of the house is $150K, if I buy the house for 80K

Do I still need to put 20% down if the house has a lot of equity?

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