Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Low Down Payment if Moved?
Hello, I am a recently new investor as I purchase my first primary home two years ago and am currently housing hacking it. I am considering moving but still within the Raleigh area. I was wondering if I would be able to purchase a new home for a low down payment of 3.5% or anything below 20% if I keep my first home and turn it into a rental while moving into the new home?
I have heard that in order to get a low down payment I would need proof and reason to move such as a change in job.