Owner-Occupied 1-Year Buying Strategy

[Peter D.]

Hi there, I was wondering if anybody on here was doing the strategy of buying homes owner-occupied, and then moving out after 1 year and converting it into a rental.  This way you only have to put down ~5% and get better interest rates.

I am an amateur investor, I have bought one house OO, moved out of it, and now am buying my second one owner-occupied as well. To me this strategy seems much easier than saving 30k every time. Moving is a PITA but so is generating large amounts of cash