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Updated 7 months ago,

Troy Smith's profile image
Troy Smith's profile image
Troy Smith
  • Investor
  • from Dover, OH
  • Member since Jan 2, 2024
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27
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17
Votes
Troy Smith's profile image
Troy Smith's profile image
Troy Smith
  • Investor
  • from Dover, OH
  • Member since Jan 2, 2024
Connect
Troy Smith
  • Investor
  • Dover, OH
17
Votes |
27
Posts
Private Lending & Conventional Mortgage Advice

Buying new property and renting current property

Troy Smith
  • Investor
  • Dover, OH
Posted

I know that generally 20% down is required when purchasing an investment property.  If I buy a new property as a primary residence and move into that new house, will I still have to pay a down payment for an investment property if I plan to rent out the house I currently have after I move into the new house?

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