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Updated over 3 years ago on . Most recent reply

User Stats

23
Posts
5
Votes
Kevin Olson
  • Rental Property Investor
  • Lady Lake, FL
5
Votes |
23
Posts

Airbnb Financing available

Kevin Olson
  • Rental Property Investor
  • Lady Lake, FL
Posted

I have recently come across a great deal on an Airbnb. This generates over 65,000 a year in short-term rental income. According to a few brokers I have worked with they say it's 20-25% down on a property like this. I have 75,000 to put down which is close to 15%. My question is whether a lender would do a 15% down payment loan on an Airbnb?

Most Popular Reply

User Stats

1,884
Posts
813
Votes
Upen Patel
  • Lender
  • Nationwide Lender
813
Votes |
1,884
Posts
Upen Patel
  • Lender
  • Nationwide Lender
Replied

@Kevin Olson I do have a portfolio loan for investors - 15% down, 1-4 unit, full doc underwrite. I cover all 50 states. Reach out if you are interested to learn more.

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Upen Patel - Novus Home Mortgage
5.0 stars
59 Reviews

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