What is the minimum down payment for an investment property?

/ / Published in Q&A - Home Investing Questions

Question:

“I’m thinking of buying my first investment property. How much will I need to put down?”

Answer:

Almost certainly 20% or more. Anything below 20% down is virtually unheard of.

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Licensed since 1984, San Diego real estate broker Gary Kent is a recognized authority on real estate. In addition to selling over 5,500 homes for clients, he has been an expert court witness, trainer of other agents, and he does seminars on home buying, home selling, and investing. Gary has sold homes for The Salvation Army, dozens of major banks, and Fannie Mae, amongst others. You can find Gary on Facebook, Instagram and YouTube.

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