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Updated over 3 years ago,
First investment property!
I'm wanting to purchase my first investment property but don't have the money for a 25% down payment for a investment property loan. Not sure if this is true but someone told me that I can purchase my first house with a second home loan even though I don't have a primary home. They said I can use a second home loan to purchase my first property and ill be able to rent it out. Is this true?