Renting a Brand New Home

[Dhrumil Patel]

I have moved to texas recently and would like to know if you can buy a new home from builder and rent it out without using it as a primary residence? Thank you in advance.

[Tsipora Smith]

Yes, you can rent a brand new home but there are some things to look out for. 

1. Funding (if you are going with a bank loan, make sure it allows for investment properties)

2. Check the HOA (most have restrictions on rentals)

3. Check with the builder (they also have a cap on how many rentals they will allow in a subdivision they're still building/selling in