General Real Estate Investing

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Gabriel Hamilton
  • Rental Property Investor
  • New York, NY
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Second-Home Loan on a Multifamily Property?

Gabriel Hamilton
  • Rental Property Investor
  • New York, NY
Posted Jul 6 2022, 17:02

Hey BP Community!

I'm scouting properties in upstate New York and found a great duplex. It has an existing long-term tenant in one unit and I plan to STR the second unit. My question is: can I get a second-home loan on a multifamily property?

I've run successful STRs in the past (and currently in other markets), I have a great FICO score, and my W2 income is good, but I've only ever heard of second-home loans on single family rentals. Thanks for your input!

New York City, New York

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