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Updated about 3 years ago on . Most recent reply
![David Taylor's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2252432/1631673928-avatar-davidt791.jpg?twic=v1/output=image/cover=128x128&v=2)
Renovation loan with a 10% down vacation home loan?
Is this a thing? My wife and I are considering taking advantage of 10% down vacation home loan for our first STVR property. Is it possible to include renovation costs into this kind of loan, or would we be forced to take out a separate loan for renovations?
What did you do when you were first starting out? Thanks in advance!
This group has been a wonderful resource for us newbs.
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![Eric Gebhardt's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1470636/1621512618-avatar-ericg265.jpg?twic=v1/output=image/crop=800x800@0x0/cover=128x128&v=2)
We just took advantage of the 10% down on a second home for STR and it's much better than having to bring 25% on a similar income property.
We used the remainder of our down payment for minor renovations and for furnishings.
If you have any questions message me as my wife and I just setup our first STR and it's been our life for the last 4 months but it was super fun and rewarding.