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Updated over 7 years ago on . Most recent reply

Vacation rental minimum down payment?
Hi All,
I am wondering what is the lowest down payment product that anyone has heard of for a vacation rental/ home. Well aware of the pitfalls of vacation homes but I figure if the numbers worked and I get it when it's not rented it's something worth looking into. Thanks in advance!
Tom
Most Popular Reply

If you buy it as a second home through Fannie Mae, you will need to put 10% down and you must occupy the home for a min. of 15 days a year. After that, what you do with it is up to you?