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Updated almost 4 years ago on . Most recent reply

Jacob Kimbrough's profile image
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Jacob Kimbrough
  • Member since Jun 10, 2021
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Jacob Kimbrough's profile image
Jacob Kimbrough's profile image
Jacob Kimbrough
  • Member since Jun 10, 2021
Connect
Jacob Kimbrough
2
Votes |
6
Posts
Buying & Selling Real Estate

looking to buy first property

Jacob Kimbrough
Posted

Looking at investing out of state. I currently rent in Texas and do not own a home. I am wondering if I could apply for a loan on a rental property in Alabama as a "secondary residence" or if I will be required to apply for the loan as an investment property. Are there advantages to one over the other? Does it matter that I do not own my current residence? Thanks for the help yall!

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