Updated over 4 years ago on . Most recent reply
Can you normally rent any home full-time after one year?
I'm in the process of looking at buying a home that I would live in about half of the year and rent out the rest of the time as a short term rental. From talking to some lenders I may be either able to use a primary home loan or a second home loan (with 10% down). I'm wondering if generally for any loan where you are getting it as a house to live in, is it usually the case that after one year you can convert it to a full time rental? I may end up buying a different home after one year to live in full time so that's why I'm wondering.