All Forum Posts by: Alex L.

Hello everyone,

I have came across on the forum about applying mortgage for primary residence, length of occupancy before converting them to rental. I bought my primary residence (conventional 20% primary residence mortgage) last year in Nov and now I am in the middle of buying a second house (Also planning to use 20% primary residence mortgage). I was thinking using either second property vs first property as rental depending on the market. But I came across something about the length of time in regard primary residence and that could be potential problem since the mortgage is for primary residence. I don't want to have any problem and want to hear out from the BP family. Worst case scenario I will move to the new house and claim the first house as rental.

Thanks all

Hi Jessica, 

I am form LI as well. But I am a newbie. Just start learning about out of state investing 

I'am also very interested in Columbus area as well. This will be my first out of state investment. Any good advice for the first timer. I am in the middle of finding agent 

I am in the same boat and would like to know as well 
Do they still look at the debt to income ratio when come to getting mortgage for rental?