Need bankers which offer 20% Down for Investment properties
I recently got my offer accepted for a duplex but almost all the banks are asking for 25% down and I always thought 20% is the go-to way to get things done. I really need some asap replies to pinpoint some banks which still offer 20% down in Minnesota. Sorry I'm pretty new to the biggerpockets so I dont know where else to post this urgent request.
Most Popular Reply
If you intend to occupy unit you should be able to to get conventional lending for less then 20% down, but that is for
owner occupied. You may want to search local meet ups in area to see who other investors are using. getting good lending answers tends to be a regional question, try to find a local source.
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