Loan types for low down payments

Farmers Branch Texas · Member since 2019 · 11 posts · 2 votes

so I have a house that looks like a great deal. But I only have the money to put down 10%. This would be a long term loan for a rental duplex. What type of financing should I look for?

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Danielle Wolter
Rental Property Investor · San Diego, CA · Member since 2019 · 290 posts · 254 votes
7y
@Steven Schaad If you can move into one half and rent the other (house hacking), you can probably qualify for FHA, which only requires 3.5% down.
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Chris MasonPro Member
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Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
7y
For owner occ 2-4 unit and low down payments, FHA is more or less the only game in town at present.
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