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Updated almost 3 years ago,
Conventional Loan / Guidance
Hello BP!
I'm new to real estate investing and need some guidance. My goals are to purchase properties with the intentions of holding and renting it out. Since I'm young and still live with my parents I was able to save a decent amount of money while also acquiring a good credit score. I've talked with a lender, and he told me the best route to take is to get a conventional loan. My only problem with this strategy is that I will have to live in the property for a decent amount of time until I can rent it out. I'm unsure if I should get a conventional loan or choose a different strategy.