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Updated almost 8 years ago on . Most recent reply

Best Loan Option for Investment Property of House Hack (2nd home)
Good Afternoon:
I am very interested in buying my 2nd property (duplex) in East Broward County.
I have located some multi-family properties that I would love to make an offer on but want to hear the best strategies for a low down payment 3%-10%.
What loan options are the strongest strategies to yield cash flow for someone who is NOT a first time homebuyer?
My credit score is above 750.
I'm looking for loan strategy for each scenario below:
1) I live in one unit and rent out the other ( I know FHA is good for first time home-buyers but what is available for someone who isn't a 1st time?)
2) I don't live in the property at all and just use for rental income