Can I buy a foreclosure and pay it off by renting the home out immediately?

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

4 comments to Can I buy a foreclosure and pay it off by renting the home out immediately?

  • Richard M  says:

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

  • Jadzia Dax  says:

    Make sure you have a Plan B

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

  • Χαλαρά  says:

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

  • 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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