This will be our primary residence but our plan is to move out in a couple of years and convert it into a rental.

There are quite a few houses here that have mother in law suites, or basements that would be easy to convert.

You can buy another primary once you vacate your current primary and converting into a rental property.

I’m sure other states have it to since they’re trying to incentivize people to convert away from fossil fuels.

The lending terms (specifically the down payment requirement) are generally much more favorable for an owner occupant and you can always convert it to a rental property down the road.Good luck!

Alternatively there are lenders that will offer convertible bridge loans that convert into 30 year fixed.  

We generate the leads and manager would need to convert, estimate and see it to close.  

It has a potential to convert an under-truss lanai (sunroom) into an additional bedroom and bathroom, adding 253 square feet to the house.

The studio was a garage but had been converted to a living unit many years ago.

First, you should inform your lender, as converting the property into a short-term rental can affect the terms of your mortgage and may require a change to an investment property loan.