All Forum Posts by: David DeGeorge

Would love to get some feedback from everyone on what I should expect with down payment on a multi family investment purchase. My first few properties I purchased I was able to put 20% into a 5 year ARM. Seems like many lenders have changed terms and are now requiring 25% down. Is this the case across the board or are there still 20% down options out there for conventional loans? I've reached out to over a half dozen lenders and they all want 25% down. I'd rather keep more money in the pocket if possible and purchase with 20% down. Thanks for any input.

Hi Everyone,

My name is Dave DeGeorge and I'm currently investing in multi family properties in the Central Mass market. Right now my investment strategy is buy and hold with 2 and 3 family properties. I've purchased 3 properties in the last 3 years and am looking to grow my portfolio at a faster rate, hopefully through some additional education and networking with BP. My focus areas include Milford, Worcester and Marlborough, MA. I would love to connect with members in the area. Looking forward to becoming a contribution member of this community.