fannie mae/freddie mac require 25% down for duplex/triplex

[Diane Trotter]

When did the law change?  In 2013 I purchased an investment property for 20% down.  Is there a higher risk for default these days?

[Jaysen Medhurst]

Diane, take the time to look at local/regional banks and credit unions. They often keep the mortgages they make on their books (not sell to Fannie/Freddie), so they make their own rules and can be a lot more flexible.