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Updated almost 3 years ago on . Most recent reply

User Stats

6
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2
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Max Tierney
2
Votes |
6
Posts

Short Term Rental Financing

Max Tierney
Posted

Hey guys, I recently just purchased my first STR property. Most loans i came across require 20-25% down when purchasing a property that is going to be used for STR. I have heard 100 times, "once you get one STR its really easy to get another." I intend to buy as many as i can, but my question is is there another way to acquire these properties instead of putting 25% down? Because I am not wanting to wait another year before I can afford another one.

If anyone knows how to speed up the process i would love to hear it.

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