Any lenders able to do airbnb loans for less than 20% down?

[Heather Skow]

I am looking to purchase my first Airbnb property and wondering if there are ways around having to put the traditional investment property down payment of 20% down.

Thanks!

[Miranda Holland]

In private lending, down payment pricing is primarily based off the borrower's experience and credit scores. Down payment is usually between 10 and 20% of the loan amount. 

However, it's still worth it to apply for the loan offer. If you can't afford their down payment requests, they or some other lender might be willing to meet you where you are if it's a good deal 

[Jay Voorhees]

Most lenders will treat your AirBnB like any other investment property and require 20% down at a minimum.  If your down payment funds are limited and you own another property, you might consider getting a home equity line of credit to garner additional cash. 

[Scott E.]

If you're buying an investment property, you're going to need to put at least 20% down.

If you've buying a 2nd home that you rent out a few nights per year, your lender may have an option to put lower money down.

[Chris Seveney]

Quote from @Heather Skow:

I am looking to purchase my first Airbnb property and wondering if there are ways around having to put the traditional investment property down payment of 20% down.

Thanks!

 In todays environment it is highly unlikely you will find anything with less than 20% down

[Stephen Hale]

A little late to the party here but I'm a private lender in Central California.  You should see if a private lender would lend 65-75% Loan to value and then ask the seller to carry a small second for a year or two to cover the rest of the purchase price.  Might be a way to get over the down payment requirement

[Erik Estrada]

Quote from @Heather Skow:

I am looking to purchase my first Airbnb property and wondering if there are ways around having to put the traditional investment property down payment of 20% down.

Thanks!

 Hey Heather! 

How long have you owned your primary? You might want to strategize by doing a HELOC or Cash out refinance to fund the rest of the required down payment. You might be able to get away with second home financing but some lenders are strict in their property requirements. It will be best if you speak with a broker. Happy to connect.

[Robin Simon]

Quote from @Heather Skow:

I am looking to purchase my first Airbnb property and wondering if there are ways around having to put the traditional investment property down payment of 20% down.

Thanks!

 you need to be very careful on what you sign in the loan documents regarding your occupancy - different loan type options will typically have requirements in both directions - some you can't stay in the property yourself more than 14 days per year, others there will be a minimum amount of days you must stay in the property (or not use it as a short term rental)

[Ryne Sweeney]

Yeah I  know Im replying late, but I have a couple of lenders that do 15% down on an investment purchase. The rate is not pretty but it can be down to get started.