Posted by Ironmanfla on August 30, 2003 at 17:50:23:
Have you considered renting out your current residence and buying a another house as an owner occupant? That’s probably the easiest way to finance the next purchase, as lenders are a lot more flexible with owner occupants in terms of LTV. If you have good credit, it should not be a problem.
I currently own a home which I pay a mortgage on, but I really want to buy a property for rental. I dont have a lot of money to put down but my credit is good. How possible is this to make it happen ???