The minimum down payment for a single-unit, single-family unit members domestic, townhome, otherwise condo investment property try 15% of your own price. For two-to-4-unit attributes, the fresh new downpayment risen to twenty five%.

• 15% deposit try $75,000
• 25% advance payment is actually $125,000

Investment property-Lowest advance payment

You should use a normal loan to get a residential property. Loan providers require a great fifteen% down payment to own a 1-device investment property and twenty five% to own a two-to-4-tool. Continue reading “Exactly why are mortgage prices higher to own 2nd house and financing features?” →