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Updated almost 10 years ago on . Most recent reply

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Lisa Davis
  • Fort Walton Beach, FL
1
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5
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Renter investing in rental properties

Lisa Davis
  • Fort Walton Beach, FL
Posted

Hello,

I'm a newbie and I need some guidance on my rental property investing.  I rent a townhome that I love. I'm wanting to know if being a renter will be a negative when I apply to get financing for my first rental property?  As I said, I love where I live and have no desire to move. Just worried that it will be a problem with a mortgage lender.

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Elizabeth Colegrove
  • Hanford, CA
1,832
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Elizabeth Colegrove
  • Hanford, CA
Replied

Watch condos, those HOA's and covant rules are not so much fun as landlords :) Trust me !

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