Updated almost 3 years ago on . Most recent reply
Turning primary into rental
I'm looking to turn my primary residence that I have lived in for over 2 years now into a rental and buying another primary residence, how would I go about doing this , I know I am only able to have 1 FHA loan at a time so does that mean I will have to put down 20% on the second property? I've been hearing about 10% down vacation homes or 5% down on secondary residence, my goal is to buy a new property every year and possibly house hacking a few along the way , but getting stuck at the 20% down