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Updated almost 7 years ago on . Most recent reply

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Antonio H.
  • Rental Property Investor
  • Tulsa, OK
2
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Multi family Property

Antonio H.
  • Rental Property Investor
  • Tulsa, OK
Posted
If 1-4 door property’s are considered single family during financing. Why would a lender REQUIRE 15%-25% down on an owner occupied deal? What has changed to make this a requirement?

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George W.
  • Investor
  • New Jersey
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George W.
  • Investor
  • New Jersey
Replied

Not necessarily if it is owner occupied, you can even do a fha for 3.5% or a VA loan for 0%

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