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Updated about 4 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
CT Nguyen
  • Investor
  • Greater Boston Area
3
Votes |
6
Posts

Investment Loans that require less than 20% down?

CT Nguyen
  • Investor
  • Greater Boston Area
Posted

Hello,

I understand most lenders require 20-25% down for investment properties. I spoke to someone and he mentioned that he was able to secure a loan for one of his AirBnb properties with only 5% down, however, this lender is not licensed in the states that I want to invest in so I can't use them. I am wondering if anyone here has any experience with investment loans that allow borrowers to put down less than the typical 20-25%? 

Thanks,

CT

Most Popular Reply

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9,937
Posts
10,792
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Chris Mason
  • Lender
  • California
10,792
Votes |
9,937
Posts
Chris Mason
  • Lender
  • California
ModeratorReplied
Originally posted by @CT Nguyen:

Hello,

I understand most lenders require 20-25% down for investment properties. I spoke to someone and he mentioned that he was able to secure a loan for one of his AirBnb properties with only 5% down, however, this lender is not licensed in the states that I want to invest in so I can't use them. I am wondering if anyone here has any experience with investment loans that allow borrowers to put down less than the typical 20-25%? 

Thanks,

CT

 That friend committed mortgage fraud. Get a copy of their settlement paperwork, and I'll show you exactly where it was committed. 

  • Chris Mason
  • Loading replies...