The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
The percentage down to purchase a rental property might less than you think
By Scott Sheldon
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May 9, 2018
To purchase a rental property the consensus down payment needed 20%. However, the requirement to purchase a rental property is much lower than you think. Here’s what you need to know if you’re buying a rental property…. To purchase a property for rental income purposes 15% down is the requirement. If you’re purchasing a rental…
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