Updated almost 6 years ago on . Most recent reply
Looking to purchase a fourplex, down payment trouble
I am looking to purchase my first property, it is a fourplex. I have some money saved up but not enough for the 25% down on a conventional loan. What are some of the best alternative ways to finance or come up with the down payment? Thanks in advance!
Most Popular Reply
@Sean McManus
Shop around. I’m getting 20% on 2-4 plexes. 25 year amort, 7-10 year balloons. Last one was 4.6% interest.