Financing your Vacation Rental

[Chris Welch]

I have two vacation rentals in Crystal River, Florida and was just beat out to add a third to the mix. I happened to listen to Tony J Robinson's podcast out a few days ago where he discussed STR's and gave lots of great advice. He mentioned he has been getting second home or vacation rental mortgages with 10% down and very low interest close to 3%. I have done mine through the local small bank/credit union but they are still wanting 25% and the rate is in the low 4's.

Thanks for any help,

Chris Welch 

[John Underwood]

Try Associated Credit Union in Georgia. I got a 10% down loan from them for a second home.