Updated over 8 years ago on . Most recent reply
Conventional 3%down lender that is OK with a rental property?
Hi all
I have a rental Property (on an investment loan with 20% down) that cash flows and has increased my income and buying power for my next property. I'm now looking at purchasing a primary residence to house hack for a year and have found one 20% below market value completely rehabbed for $186K. I am struggling to get a 3% down loan due to my rental though. 5% down is all I can find. Any thoughts or suggestions?
Thanks!