Published November 30, 2023
Revolutionary Loan Options for Multi-Family Properties Now Available!
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Explore new real estate investment opportunities with a reduced down payment.
Great news for real estate investors and aspiring property owners! As of November 18 this year, a significant change has occurred in the real estate financing world. You can now secure a conventional loan for multi-family properties, ranging from duplexes to fourplexes, with just a 5% down payment. This update opens up a wealth of opportunities for those looking to dive into real estate investment or expand their portfolio.
Imagine buying a fourplex priced at $700,000. With the new financing option, you only need to put down 5%, which amounts to $35,000. This is a game-changer for many potential investors who previously found the down payment requirements a barrier to entry.
“Don't let this chance slip away.”
Owning a multi-family property means that the rent from your tenants can significantly offset, if not cover, your mortgage payments. This arrangement creates a fantastic opportunity to build wealth and gain momentum in your real estate investing career. It's not just about acquiring a property; it's about creating a sustainable investment that grows over time.
If this opportunity intrigues you, it's time to take action. Contact us at Northfork Realty or an authorized lender to explore your options. We're here to assist you in finding the perfect multi-family property. With only 5% down, it's a great time to capitalize on this opportunity and make a significant move in real estate investment.
Don't let this chance slip away. Whether you're a seasoned investor or just starting, this new loan option could be the key to advancing your real estate journey. Call or email us today, and let's work together to turn your real estate goals into reality.