Updated almost 7 years ago on . Most recent reply
Mortgage for Rental
How can I get around taking out an investment property loan? According to Quickens Loans I have to put down 20% if it's an investment. I am trying to put as little down as possible. Can I take out a personal mortgage and still rent out the house?
Locations for investing are in the Southern half of Michigan and the Northern half of Ohio. Also looking into Memphis, TN area and possibly Buffalo, NY.
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Stephanie P.
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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
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#5 Mortgage Brokers & Lenders Contributor
- Washington, DC Mortgage Lender/Broker
Live in the property and house hack. That's the only way to get owner occupied money.