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Updated over 3 years ago on . Most recent reply

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7
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Matthew Free
  • Petoskey, MI
0
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7
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How can I use a Physician's Loan for my Current Scenario?

Matthew Free
  • Petoskey, MI
Posted

I am trying to keep my current home and use it as a vacation rental while buying a new home. The issue I am running into is the few banks I have talked to won't extend a physician's loan for second home. Are there banks out there that offer physician's loans in this scenario so long as I can show the first home will be used as a rental? What about moving my first home into a LLC and considering a rental instead of a primary residence?

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