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Updated over 3 years ago on . Most recent reply

Kyle Brown's profile image
Kyle Brown's profile image
Kyle Brown
  • Rental Property Investor
  • from Mount Laurel, NJ
  • Member since Jun 11, 2015
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55
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9
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Kyle Brown's profile image
Kyle Brown's profile image
Kyle Brown
  • Rental Property Investor
  • from Mount Laurel, NJ
  • Member since Jun 11, 2015
Connect
Kyle Brown
  • Rental Property Investor
  • Mount Laurel, NJ
9
Votes |
55
Posts
General Real Estate Investing

Down payment for duplex

Kyle Brown
  • Rental Property Investor
  • Mount Laurel, NJ
Posted

Looking to purchase my second duplex and my lender said I need at least 15% down. I don't have that much cash to put down, but want a conventional loan with no PMI. Is there another way to finance where I only have to put about 5% down? Could seller financing be an option or even taking equity of my other duplex? If so, how would that work? Thanks in advance for all the feedback!

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