# @raymiramontes_realestate on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DYxV1tjjT0H
- **Gondola URL:** https://gondola.cc/posts/65957087-raymiramontes-realestate-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/f1c0a62494.jpg
- **Posted:** 2026-05-25T18:02:17.000+00:00
- **Account Owner:** Ray Miramontes | CA Realtor (@raymiramontes_realestate) — https://gondola.cc/raymiramontes_realestate

## Caption

How much money to buy commercial multifamily | 5 unit apartment building down payment | multifamily investing SoCal

How much do you actually need to buy a 5+ unit multifamily property? 👇

Here's the real breakdown:

💰 Down Payment
→ 25-30% down minimum
→ On a $1M property = $250,000-$300,000 down
→ On a $2M property = $500,000-$600,000 down
→ Commercial loan — no FHA, no low down options

📊 Net Worth
→ Lender requires net worth equal to or greater than the loan amount
→ On a $1M property = $700K+ net worth minimum
→ This is non-negotiable on commercial deals

🏦 Reserves
→ 6 months PITI required
→ Principal, interest, taxes and insurance
→ Must be in the bank — separate from your down payment
→ Lender verifies this separately

📋 Closing Costs
→ Typically 2-4% of purchase price
→ On a $1M property = $20,000-$40,000
→ Factor this in on top of your down payment

✅ Total Cash Needed — $1M Property Example:
→ Down payment: $250,000-$300,000
→ Reserves: ~$30,000-$50,000
→ Closing costs: ~$20,000-$40,000
→ Total: $320,000-$400,000 minimum

This is commercial real estate — come prepared 💼

📲 Ready to invest? Text or call Ray at 562-600-9793

🔗 raymiramontes_realestate

#MultifamilyRealEstate #CommercialRealEstate #ApartmentInvesting #5UnitMultifamily #RealEstateInvesting #DownPayment #MultifamilyInvesting #LAInvestor #RentalIncome #PassiveIncome #WealthBuilding #RayMiramontes #BuyAndHold #InvestmentProperty #RealEstateTips

Listed by Ray Miramontes, Circle Real Estate

## Stats

- **Views:** 471
- **Likes:** 16
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## Tags

passiveincome, wealthbuilding, 5unitmultifamily, commercialrealestate, apartmentinvesting, buyandhold, raymiramontes, downpayment, multifamilyinvesting, realestatetips, multifamilyrealestate, investmentproperty, rentalincome, lainvestor, realestateinvesting

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