You do NOT need 20% down for investment properties #investmentproperty #rentalproperty #airbnb

Summary

According to Jorge Contreras, you don't need 20% down to buy investment properties. You can use owner-occupied loans with lower down payments (3.5% with FHA loans or 5% with conventional loans) if you live in the property and rent out other bedrooms or split a portion of the home. It's illegal to immediately rent out the entire property after obtaining owner-occupied financing.