3 Things you NEED to Purchase an Investment Property #investmentproperty #rentalproperty #airbnb

Jorge Contreras | Airbnb Arbitrage Oct 5, 20220m 39s306 viewsScore 75
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Summary

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Jorge Contreras shares the three key requirements to acquire an investment property for short-term rentals: a down payment (3.5% to 20%), a minimum 620 FICO score, and two years of tax returns. He recommends speaking with a local mortgage broker to become pre-qualified.

Key insights

  • A minimum FICO score of 620 is needed to purchase an investment property.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial