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Updated almost 6 years ago,
Turning a primary residence into a rental
Is it possible to buy a house with a low down payment conventional mortgage, live in it for a few years then buy another home(primary residence) and keep the original as a rental?
I understand a investment property mortgage would require a higher down payment. Just wondering if anyone has done something like this and if it is possible.
Newbie here, thanks for any help!!
Raleigh/Durham area NC