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Updated over 9 years ago on .

Anita Verma's profile image
Anita Verma's profile image
Anita Verma
  • from Arvada, Colorado
  • Member since Jul 27, 2015
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7
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Anita Verma's profile image
Anita Verma's profile image
Anita Verma
  • from Arvada, Colorado
  • Member since Jul 27, 2015
Connect
Anita Verma
  • Arvada, CO
0
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7
Posts
Private Lending & Conventional Mortgage Advice

Getting another second home loan in same area?

Anita Verma
  • Arvada, CO
Posted

Hi everyone,

I am buying a property as a second home, using a second home loan that requires 10% down. Let's say that after I buy that property, I decide to convert it into a rental, and I want to buy a different second home in the same area. Can I get another second home loan in that area? I do not want to get an investor loan and put 25% down.

Thanks!

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