If it is a true vacation home purchase he will have access to some great programs that allow 89.99% financing on a second home.

@Noah McPherson it is true that there might be some limitation that a hard money lender might have if it's your first time.  

True...to a point.

@Wayne Brooks Sad but probably true.

I've come across several that are taxed as single family home with an in-law suite; rather than a true multi-unit.

The guy who wrote Rich Dad Poor Dad (Robert Kiyosaki) is a shill and a huckster and nothing about how he said he got money was true.

Maybe try doing some intel to get a true picture of where you stand.

Key Findings:The concept of ‘passive cash flow’ has turned out not to be true.

The concern with hard money or a bridge loan is if we are unable to refinance into a conventional loan in 6 months because of lack of appraisal would be detrimental…but is that true?!

Most agents are lazy (sad but very true), but good buyer's agents are absolutely invaluable, even when you know a lot, because they know other agents and those agents know doing a deal with a good agent and a seasoned investor is way easier than trying to do a deal with a newbie investor and new agent.