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Updated over 6 years ago on .

User Stats

34
Posts
4
Votes
Tyler Harrel
  • Fort Lauderdale, FL
4
Votes |
34
Posts

Down Payment on Florida Condos??

Tyler Harrel
  • Fort Lauderdale, FL
Posted

Been looking into purchasing a investing property down in South Florida as that is where I am located. Been looking into possibly purchasing a condo but heard rumors regarding the down payment towards a condo.

From what Ive heard it appears that a 20% down payment is needed to purchase a condo.

Has anyone had any experience buying a condo in florida and if so, what were the regulations for a down payment?