Short Term Rentals: How to Classify them

Owning a Short-Term Rental (STR) is one of the best ways to start your real estate investing journey…. And you can get started with less capital than traditional investment properties.

Standard investment properties and multifamily investment properties require 25% down and commercial loans require 30% down. However, you can purchase your first STR with 10% down (if you are purchasing as a second home). In addition, you can own multiple second homes so this process can be repeated at additional locations.

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