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Updated almost 6 years ago on . Most recent reply

Joshuah Mundy's profile image
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Joshuah Mundy
  • from Fenton, MI
  • Member since Jan 13, 2017
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Joshuah Mundy
  • from Fenton, MI
  • Member since Jan 13, 2017
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Joshuah Mundy
  • Fenton, MI
9
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Private Lending & Conventional Mortgage Advice

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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@Joshuah Mundy

Live in the property and house hack.  That's the only way to get owner occupied money.

  • Stephanie P.
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