Insight
Conventional investment loans require a minimum of 15% down payment, whereas second home loans have a 10% down payment requirement.
How to Finance a Short Term Rental in Myrtle Beach
Summary
This episode of the Short Term Show focuses on financing short-term rentals in Myrtle Beach. The episode covers conventional loans, second home loans, investment loans, and jumbo loans, with advice on how these apply to condos and single-family homes, and how to maximize your strategy for obtaining multiple loans.
Key takeaway