Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on .

User Stats

58
Posts
22
Votes
Jacob Bohrer
  • Rental Property Investor
  • Canton, OH
22
Votes |
58
Posts

5% down conventional ARM mortgage for 4-plex?

Jacob Bohrer
  • Rental Property Investor
  • Canton, OH
Posted

Hello, my wife and I are looking to get a 4-plex. I am interested in it for low money down, but do not think the seller accepts FHA. So my question is:

Is it possible to get a 5% down Conventional ARM for a 4-plex.

Purchase price is $160k

Rents are currently $2,350 gross.

Please let me know your thoughts or any other ideas! Thanks!