Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Jeremiah Junker
0
Votes |
1
Posts

Purchase of a vacation property with brother. Can we do 10%?

Jeremiah Junker
Posted

Hello!

My brother and I have been searching for a vacation property for a while now. We have narrowed down a few. We are looking in several states including CO, AZ, and UT. 

The goal with this property is to buy something big enough we can take the family to a few times a year, and be able to air bnb it for a portion of the year to help cover costs. 


My question: Can we get a 10% down home loan if there are multiple people purchasing it? Or is this going to turn in to an LLC type of deal with 25% down? Can anyone recommend a lender to speak to in these states that would deal with something like this?

Thanks!

  • Jeremiah Junker
  • Loading replies...