Updated almost 4 years ago on . Most recent reply
10% down investment property loans?
Hey y'all, I'm sure this has been discussed already but I'm curious if anyone has any recommendations for lenders offering 10% down payment on an investment property in California? Thanks so much.
Most Popular Reply
Most direct answer, if you live in Tennessee and are buying a SFH, and are willing to personally come to California on vacation once a year (such as when the short term rental isn't occupied by others on vacation who are paying you for the privilege), 2nd homes can be acquired at 90% LTV.
Checklist here: https://selling-guide.fanniema...
But, for a traditional long term rental, if that is your intent in your heart of hearts when you sit across from the notary who will take your fingerprints, no there are not.