Updated over 2 years ago on . Most recent reply
Creative Financing for STRs
Has anyone figured out creative ways to finance their STRs? I'm looking to deploy ~$30,000 but that doesn't go far if I need to put 20%+ down. I would love to find a solution where I could only put 5-10% down. Any thoughts?
Most Popular Reply
You can get a secondary (vacation) loan with 10% down. In most cases, lenders require the home to be at least 50-60 miles away.
I wish you all the best.