20% down or less for a multifamily?

[Allen Clark]

Has anyone here ever got a loan for a multifamily putting 20% or less down, other than house hacking? If so, were the criteria for getting that loan pretty much the same as getting a loan using a 25% down payment?

Thanks,

[Dan M.]

Theres all sorts of products out there. Some lenders will offer you 100% financing but it will be expensive money to borrow. 

The larger question I think is are you going to make it a primary residence or is this strictly an investment property? Generally speaking a commercial property/loan ( or anything owned by an LLC ) through a bank is going to require at least 20% down.