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Updated over 3 years ago,
Low money down for vacation rental
Good evening! First off, I’m a new investor. I currently have most of my capital tied up in a flip that I literally just closed on today! However, I just got a call from someone that I’m interested in buying their home in the Florida Keys as a second home/vacation rental. Unfortunately, I don’t have the capital to put 20% down. What other options am I looking at? Any and all help is appreciated.
I'm active duty, but have a VA loan on my primary residence. I could put together about 7-10% down. I have great credit. The seller is not willing to do any sort of seller financing.