Updated about 4 years ago on . Most recent reply
First investment property!
I'm wanting to purchase my first investment property but don't have the money for a 25% down payment for a investment property loan. Not sure if this is true but someone told me that I can purchase my first house with a second home loan even though I don't have a primary home. They said I can use a second home loan to purchase my first property and ill be able to rent it out. Is this true?