If you don't have the cash for a down payment, you can leverage equity from your current home:
You often need 2 to 6 months of liquid reserves to cover both mortgage payments in case of vacancies. 2. Choose Your Financing Strategy how to buy a second home to rent
Prioritize areas with strong job growth, tourism (for short-term rentals), or university proximity to minimize vacancies. 4. Understand Tax Rules A Guide to Buying a Second Home to Rent Out | Mashvisor If you don't have the cash for a