Monday, January 21, 2013

Looking to buy home and have two rental properties. One I ... - Zillow

Was the second rental your primary residence before it became?an investment property?

If it was?then?you will probably have to wait a minimum one year (the exception would be if you had 30% in equity, or you have VA eligibilty).? if?it?is a property you recently acquired?and has only been an investment?property? than you can use it now.?hope this helps.

Source: http://www.zillow.com/advice-thread/Looking-to-buy-home-and-have-two-rental-properties-One-I-have-been-renting-out-or-10-years-the-2n/475120/

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