Explore Owner-Occupied Rental Property Investment Opportunities
Rental property investors review all options when purchasing an investment property. If they live on-site, the investor has better financing opportunities and won't have to pay higher insurance premiums. Reviewing owner-occupied rental property investment opportunities helps the investor find a better venture.
FHA Mortgages are Available for the Investment
FHA mortgages are available for any rental properties that are owner-occupied. The restrictions for the mortgages require the buyer to live in the property, and the property must be their primary residence. The mortgage program is not available for investors who will not live in the property. The borrower will need to get a conventional mortgage if they want to buy a second home or investment property.
Renovation Allowance...
