Updated over 4 years ago on . Most recent reply
Buying as a Second Home
Hello BP community! I bought a property in Tampa, FL as a "second" home a few years ago while living out of state in the DC area. I have since retired from the military and have relocated to Tampa. I don't live in that home, it's now a rental and reflects that way on my taxes. My question is, can I purchase another property as a "second" home using conventional financing (10% down), providing its outside of the 50 mile required distance from my primary residence?
V/R,
Ryan