Updated about 9 years ago on . Most recent reply
Down payment for a second property
Hello everyone I'm interested in some advice or strategies as far as purchasing a second property for myself. I just purchased my first home in May this year and looking to see how k could go about getting the financing for another propert without a lot of money down. I did a 5% down conventional loan on my first home. What would be my best options for a second property that would be a rental? Will I really just have to wait and save a 20% down payment to get started again?