I'm looking to use it as an investment, not a primary residence.

After 25 months, If they can prove that they lived in the property for two of the past five years, they can sell it as an owner-occupied residence.

Quote from @Donald Hatter: Investment Info:Single-family residence buy & hold investment.

@Carl RowlesI recommend a HELOC or Heloan on your primary residence or the rental if you have enough equity in either.

Quote from @Cody Caswell: Quote from @Jay Hurst: Quote from @Cody Caswell: Is it true you can use taxes, depreciation, insurance, and mortgage interest for qualifying income when applying for an FHA loan on a primary residence? 

And a local resident is usually very helpful.

FHA loans typically require the property to be a primary residence for at least one year, so he should confirm compliance with his lender.Once rented, he can deduct expenses like mortgage interest, property taxes, maintenance, and depreciation starting from the date it's available for rent.

Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.