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
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
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

All Forum Posts by: Patrick C.

Patrick C. has started 10 posts and replied 31 times.

Post: first home to purchase/invest duplex

Patrick C.Posted
  • Saint Cloud, MN
  • Posts 31
  • Votes 3

Hello, sorry if this has been asked before. I have been looking at a couple of houses/duplexes for the past year. I applied for a home loan got approved, then was told I would need 25% down since its a duplex (investment property). I told them I plan on living there but they still wouldn't budge on down payment. 

I thought you could still get into houses and duplex with 5-8% down? is that not a thing anymore

Some facts

got approved at credit union. 

live in Minnesota

credit score 760

no bad debt. no auto/credit debt.