What do you think is pushing the insane deposit requirements?The issue is it's a terrible investment and 2-4 unit homes are exclusively investment properties. Who is going to put down $5-700k down on a home to have it break even on rents? Maybe a drug dealer trying to launder money. Somebody who inherited a bunch of money recently doesn't know how to invest? Anybody with half a brain isn't going to buy these properties.
Are there a lot of seller-financed sales happening? Contracts for deed?
Or is it a lender-driven situation?
