Updated over 8 years ago on . Most recent reply
Currently House Hacking looking for second property
First time posting, but I've been house hacking/Airbnb for about 16 months. I'm looking into purchasing another property to move into and rent out my previous townhouse. Bought the townhouse with a 20% down conventional loan.
Looking for options for financing. My idea would be to possibly use a HELOC/equity loan to use as a down payment for the second property. What would be the best way to finance the second home?Would it be worth it to look into an FHA loan? Thanks guys!