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Updated almost 9 years ago, 02/11/2016

User Stats

11
Posts
4
Votes
Chris H.
  • Lakewood, CA
4
Votes |
11
Posts

First time buyer (owner occupied) after investment purchase

Chris H.
  • Lakewood, CA
Posted

Hello BP community,

I'm looking for some help. I currently rent and do not own property. I'm looking to purchase an investment property first because buying a house for my family right now, financially isn't in the cards and I want to begin my REI path. So my question is this, how will buying a (non owner occupied) rental property first, impact buying a primary residence later (hopefully in a few years) with a low percentage down or first time buyer type loan ? I'm concerned about not being unable to take advantage of something like that because I technically won't be a first time buyer.

HELP ?

Chris H.

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