Financing my second unit

[Drew Sharrer]

I currently have a single family home that I have rented out for about 6 months. I am looking into buying a second in the near future. I really don’t want to drop another 25% down payment. 

[Jay Hurst]

Quote from @Drew Sharrer:

I currently have a single family home that I have rented out for about 6 months. I am looking into buying a second in the near future. I really don’t want to drop another 25% down payment. 

 For a single family home, you can put as little as 15% down for a conventional loan to purchase the next one.