Updated over 7 years ago on . Most recent reply
Conventional morgage for rentel property
Hello,
I've read a few post on here about this subject but really no hard answer. Can I buy a single family home with the intent to immediately rent with a low down payment conventional loan? A local bank offers a 10% down with no PMI and they don't say it needs to be owner occupy but nothing about using it as an income property? Surely some of you have had experience with this. Thanks