Yes, but only if you intend on living in one of the units.. if you're not going to live in it, you have to put 20% down, but 25% or more would be ideal.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
You are able to purchase a duplex with as little as 3.5% down payment. This would require you to be an owner occupant on an FHA loan. There are several loan products that could fit your needs and we would want to look at your overall wants/needs to better assess what loan would fit your needs best. Best of luck!
Yes... But it is very hard to find investment loans with just 10% down. Your standard (Fannie Mae and Freddie Mac ) loans don't offer it. Almost all lenders will require at least 20% down payment to buy an investment property. www.TwinCityHomeLoans.com
If you are not going to occupy one of the units, then the answer is no. Most lenders are going to require at least 15-20% down on any investment type of property. In order to get the ideal rates, you might want to put down 25%. Let's discuss your loan scenario in more detail, I lend in TN. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803
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