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Updated over 2 years ago on . Most recent reply

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12
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Benjamin Foullon
  • Real Estate Agent
  • Portland, OR
13
Votes |
12
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STR Financing with 10% down

Benjamin Foullon
  • Real Estate Agent
  • Portland, OR
Posted

Hi everyone! 

I'm looking to invest in an STR in Florida. I have 10% down payment set aside. Most of the loans I've looked at require 20-30% down for STRs. Does anyone know if there are lenders out there willing to handle LTV 90% on an STR? Thank you!

Most Popular Reply

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348
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301
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Joel Case
  • Rental Property Investor
  • Ocean Springs, MS
301
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348
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Joel Case
  • Rental Property Investor
  • Ocean Springs, MS
Replied

I have heard of 10% down loans for vacation home properties, that would be where I would start my research if I were in your position. 

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