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Updated over 5 years ago,

User Stats

26
Posts
9
Votes
Joshuah Mundy
  • Fenton, MI
9
Votes |
26
Posts

Mortgage for Rental

Joshuah Mundy
  • Fenton, MI
Posted

How can I get around taking out an investment property loan? According to Quickens Loans I have to put down 20% if it's an investment. I am trying to put as little down as possible. Can I take out a personal mortgage and still rent out the house? 

Locations for investing are in the Southern half of Michigan and the Northern half of Ohio. Also looking into Memphis, TN area and possibly Buffalo, NY.

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