Is it true that buying a multi family home requires a lower minimum down payment than for a single family?
Thursday, December 31st, 2009If so, what percent of the cost is usually required for a multi family home?
Defining multifamily as 1-4 units most lenders consider these type properties as they would a single family home. You could purchase the property as a owner occupied home, thus renting out the other units. You would be required to make [...]
