Expect to put down at least 10% to 20% for a second home, and often 20% to 25% if it's strictly an investment property.
Budget approximately 50% of your rental income for operating expenses (taxes, insurance, maintenance, and management) before paying the mortgage. how to buy a second home to rent
Borrow against your primary home's equity to fund the down payment or the entire purchase. Expect to put down at least 10% to
Replace your current mortgage with a larger one and take the difference in cash to buy the new property. how to buy a second home to rent