Buying investment property prior to primary residence

[Amanda Hoening]

I am planning to buy a few rentals prior to buying my primary residence. To anyone who has done this, my question is this: what issues did you face when you went to finance your primary home?

[Albert Bui]

Originally posted by @Account Closed:

@Amanda Hoening 

I've been told that 'conventional lenders' will always hold 1 'space or credit slot' for your primary residence. So if you qualify  for up to 10 investment properties, your are allowed one on top for you primary. I have a great lender in NC who would be happy to discuss with you. She's awesome!

Andrew

 That is correct Andrew there is no limit to the amount of primary residences that Fannie Mae will allow so technically if you can make a good case (letter of explanation) for a primary residence then you can continue to purchase them as long as you qualify with respect to income, credit, assets.