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Why are mortgage costs large having 2nd residential property and you may money properties?
Why are mortgage costs large having 2nd residential property and you may money properties? The minimum down-payment to have a-one-tool, single-family members house, townhome, or condo investment property are 15% of your own cost. For two-to-4-tool services, the brand new down-payment risen up to 25%. 15% downpayment was $75,000 25% downpayment is $125,000 Money spent-Lowest …