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Updated almost 4 years ago,
“Second Home” Investing strategy
Hello,
Does anyone have experience buying an investment as a “secondary home” or a vacation home as an investing strategy? Buying a secondary home allows for better loan rates and lower down payment but you need to “live” in the home for 12 days or 10% of the rental period in a given year - whichever is greater.
It would great to hear if you’ve personally had success with this strategy.
Thanks in advance!