What Is The Minimum Down Payment On A Rental Property?
WHAT IS THE MINIMUM DOWN PAYMENT ON A RENTAL PROPERTY?
Any property bought for the use as a rental property requires a minimum of 20% as a down payment.
For example, if you want to purchase a rental property with a purchase price of $525,000, the minimum down payment would be $105,000 (20% of purchase price).
For more info on down payment requirements, see this post.