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Updated about 2 years ago on . Most recent reply

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Heather Skow
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Any lenders able to do airbnb loans for less than 20% down?

Heather Skow
Posted

I am looking to purchase my first Airbnb property and wondering if there are ways around having to put the traditional investment property down payment of 20% down.

Thanks!

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Heather Skow:

I am looking to purchase my first Airbnb property and wondering if there are ways around having to put the traditional investment property down payment of 20% down.

Thanks!


 you need to be very careful on what you sign in the loan documents regarding your occupancy - different loan type options will typically have requirements in both directions - some you can't stay in the property yourself more than 14 days per year, others there will be a minimum amount of days you must stay in the property (or not use it as a short term rental)

  • Robin Simon
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