Or is there a waiting time for becoming able to rent it out?



Author:
Dave
Time:
Tuesday, January 15th, 2013 at 9:04 am
Category:
Home Purchasing
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4 Responses to “Can I buy a foreclosure and pay it off by renting the home out immediately?”

  1. Richard M Says:

    You can try but being a landlord isn’t always that simple.

  2. Jadzia Dax Says:

    Make sure you have a Plan B

    Renters do not always pay on time or not at all requiring an eviction.

  3. Χαλαρά Says:

    Well, assuming you finance it as the investment property you intend it to be, you can rent it out immediately.

  4. Landlord Says:

    As long as you use a conventional loan, not VA, FHA or USDA, you would be able to do this. I have never lived in the vast majority of my houses.

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