– For primary owner-occupied homes the down payment may be as low as 3%, but most banks require a 20% down payment on investment.
How to Buy an Investment Property with Little Money Down – How to Buy Rental investment Property with no Money Down. do not have the 20 percent down payment (or more) that most banks require.
Ask the Underwriter: Can the borrower’s cash to close be less than the FHA minimum required investment amount? – Most of these “experts” will also tell you this means the minimum down payment and cash due from. borrowers who live in a state where property taxes are paid in arrears to meet the Minimum Required.