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Updated over 5 years ago on . Most recent reply

Alex Funicello's profile image
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Alex Funicello
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Alex Funicello
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Creative Real Estate Financing

Can I buy home as primary residence then rent out right away?

Alex Funicello
Posted

Just sold my first house made a profit, now wanting to buy another and rent out right way. Would like to put around 5-10% down. Can I buy a home as my primary residence then rent out right away?

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Russell Brazil
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Russell Brazil
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Russell Brazil
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ModeratorReplied

No, that would be mortgage fraud.

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