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Updated almost 3 years ago,

User Stats

27
Posts
5
Votes
Jason Cook
  • Raleigh, NC
5
Votes |
27
Posts

Low Down Payment if Moved?

Jason Cook
  • Raleigh, NC
Posted

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.

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