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Updated over 4 years ago,

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3
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1
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Molly Tierney
1
Votes |
3
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First time homebuyer: primary residence vs rental property

Molly Tierney
Posted

Do you miss out on first time homebuyer loans if you get a commercial loan for a rental house before you ever buy a primary residence? My thought would be to buy the primary residence to after two years turn into a rental, but I would prefer to buy a rental first as I am able to live with my parents to save money for the time being. I mainly don’t want to accidentally screw myself out of any first time home buying “deals” by getting a commercial loan first. Will this matter or is it a non issue?

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