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Mortgage 101 (Buying Your First 2- to 4-Flat) #9
2b. Down Payment
Your first mortgage choice is:
20% down. With 20% down you avoid PMI and have a lower monthly payment, but this is NOT an option that many first-time buyers have the resources for!
Visit our website to read more about Chicago multi-family homes with two or more flats.
... more

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