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Updated almost 8 years ago on . Most recent reply

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Derrick Thomas
  • Atlanta, GA
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Need Help On Mortgages And Putting Money Down

Derrick Thomas
  • Atlanta, GA
Posted

Hey guys just joined the community! I don't have a heavy finance background (nurse/bio background) so I've been pretty confused when it comes to using mortgages for real estate investment. Is 20% always required or is there ways to do investment with less money down?

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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,860
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

If you do an owner occupied FHA loan it's 3.5perfdnt down

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