Looking at a 4 unit off market property 20 minutes from Austin. I can buy it for $570k. One unit is empty, the other three bring in a combined $3750 a month. Just checked my credit score and it is 674. I will not flip this property. It would be a buy/hold rental. What is the LEAST amount of down payment I would need to purchase this property? What type of interest rate would I be looking at?
If you can do 20% down, I can get you around 5.25% right now.
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