Legality's and Rulings

[Riley Geiman]

I currently have a SFH that my wife and I currently reside in. I'm very interested in purchasing a multi family for LTR opportunities for some passive income. With this rental purchase I would like to put down the minimum required for positive cash flow. Nearly ready to pull the trigger however I'm concerned that with me putting down the minimum amount required that I may be forced to either live in it for a year or miss out on rental opportunities for a year unless I come up with 20%. Does anyone have a suggested reading for getting around this? Are there any loopholes? Thank you.

[Wayne Brooks]

Nope.