Are you looking to purchase your next property as the rental property? Or
Are you looking to purchase your next property that has a rental component in which you will occupy one unit yourself? Or
Are you looking to turn your current home into the rental property and purchase your next property as an owner-occupied home?
If you are buying a property for the purpose of an investment, 20% of the purchase price is required as your minimum down payment.
If you are planning on moving into the property as your owner-occupied home, you will require the minimum 5% down on the first $500,000 & 10% on the next $500,000, up to $1,000,000.