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What is the downpayment % for buying rental property?

  • April 03 2010 - Murfreesboro
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Answers (5)

A 20% down payment with me, but 25% gets you a much better rate. 
  • July 17 2010
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If it's a GSE loan, 25% to 30%. It must be 30% to be able to add rental income into the borrowers DTI for loan qualification purposes. ....Happy funding, Rudi
  • July 01 2010
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usually 20%
  • July 01 2010
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Yup, 20% is usually the minimum.  But with some creative financing, you can go as low as 5% without any mortgage insurance (i.e. PMI).  Luckily we can offer two such investments today - but that could change without notice as lenders change their guidelines.

Continued success!

Marco Santarelli
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  • April 03 2010
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Ideally 30%, but definitely >=20%.

  • April 03 2010
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