Updated almost 4 years ago on . Most recent reply
Investment Property Financing
Hello,
I am beginning the process of finding/buying an investment property in the Tampa area. My intent is to use this home as my first Airbnb property and I have already been preapproved for an investment loan with 20% down. That being said, I would really like to know if anyone can recommend a lender who would do an investment property loan on a single family home for 15% down? Does this exist? I will have around 90k from a pending property sale in Texas that I will be using for this. In a perfect world I'm imagining a 500k home with 75k down, leaving me a bit left over for closing costs and additional expenses. Looking forward to your input!