- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (10)
- Stephen Ching, "Edmonds WA"
- Contributions:229
- Rob Robertson, "Mortgage Broker"
- Contributions:169
Conforming, Non Owner Occupied, 2-4 unit property: 25% down.
- Jason Hall, "Jason Hall"
- Contributions:38
There is no mortgage insurance for investment properties. Some lenders will go up to 80% but the points they require and the rate make it unreasonable or impossible. Even at 75% the rates and fees are going to be horrendous. Right now is definitely not a good time to buy an investment property without a huge down payment and it being a multi-unit property makes it even worse. Good luck.
- shapiroamg
- Contributions:3058
Expect to pay points too.
- Cory Ure, "CoryUre"
- Contributions:7
Most of the lenders I work with are requiring 25% down right now on a non-owner occupied 4-unit property.
- David Nezri, "Direct Lender"
- Contributions:265
In today's market not less than 25% down.
- Carl Henker, "Carl Henker"
- Contributions:755
There is no mortgage insurance available for investment properties. The larger down is the only option.
For 3- and 4-Unit investment (rental) properties, you must put at least 25% down.
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
Shepard,
25% is the minimum down payment on a 3-4 unit investment property.
IMHO you would be in a better position purchasing two 2 units instead of a 4-plex, Better yet would be a 5+ multi-family. .. Good luck, Rudi
25% is the minimum down payment on a 3-4 unit investment property.
IMHO you would be in a better position purchasing two 2 units instead of a 4-plex, Better yet would be a 5+ multi-family. .. Good luck, Rudi
- Gary Kinberg, "Gary Kinberg"
- Contributions:229
In todays market, the 30% standard applies.
What is the minimum I can put down on a loan for a 4-unit investment property (not owner occupied)?
Thanks.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.