If you already own a home with substantial equity, you can use that value as a "virtual" down payment without needing cash from your savings.
: You must occupy the new home as your primary residence, usually within 60 days. how to buy a 2nd home with no money down
Most zero-down government loans are for primary residences, but they can be used strategically to acquire a second home. If you already own a home with substantial
: Provides a lump-sum payment based on your home's equity. It allows you to keep your current primary mortgage rate while taking out a second lien. how to buy a 2nd home with no money down