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Updated about 9 years ago on . Most recent reply

User Stats

39
Posts
11
Votes
Shweta Gupta
  • Rental Property Investor
  • Irvine, CA
11
Votes |
39
Posts

loan on live in investment

Shweta Gupta
  • Rental Property Investor
  • Irvine, CA
Posted

Hi there,

I am not sure if this a wise enough question or not but I have to ask & get it out of my system.

Example: If I live in a house I plan to BRRR are there companies/ investors still interested in financing it?

Is it a good idea to live in the house you plan to flip or rehab & rent out? will it work as a regular traditional mortgage? where minimum 20% down is required and your mortgage value should be 2 times of your income to qualify ?

thanks

Shweta

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