What is the minimum down payment required for the purchase of an investment property?
There are loan programs that will lend you 100% of the purchase price. They usually require a high credit score and proof of income and assets. Lenders consider investment properties a higher risk and, therefore charge a higher interest rate. The best interest rates and loan programs require 10% down. You can get on loan for 90% of the purchase price or a first mortgage for 80% and a second mortgage for 10% of the purchase price.
