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Updated over 3 years ago on . Most recent reply

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Shannon Vistisen
  • New to Real Estate
  • Michigan
13
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54
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Purchasing a STR in Michigan

Shannon Vistisen
  • New to Real Estate
  • Michigan
Posted

Im looking to purchase our first STR property. Is there a way to put less than 20-25% down payment and still rent it out as a vacation home?

We want to use it as well but also off set the cost and rent it out too. 

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Replied

@Neil Smith 

We use a local bank (Farmers and Merchant Union). So much easier than dealing with a big bank. They love what we are doing and have been awesome to work with. 

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