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Updated about 10 years ago on . Most recent reply

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Ilya Aksenov
  • Renter
  • Santa Fe, NM
3
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Financing for 5+ Multi family

Ilya Aksenov
  • Renter
  • Santa Fe, NM
Posted

I'm looking at a 7 unit property with a retail space on the ground floor (deli) I'm new to investing and looking for a first property. I have some money saved up but before going to the bank how much would my down payment would be? Can I go as low as 10%? 

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Rob Beland
  • Investor
  • Leominster, MA
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Rob Beland
  • Investor
  • Leominster, MA
Replied

Its not likely you will get commercial financing with less than 25% down. 

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