Will a lender lend on a primary residence while tenant occupied
Hello BP,
I am looking to buy my first deal.. I'm looking to go 5% down conventional as I'll be using it as my primary residence for a few years. Will a bank lend on it as a primary residence if the current owner has a tenant in place with a month left on the lease after I close??
If not, any suggestions on closing a deal like this?
Thanks,
Lou