I’m starting a new Jose Luiz Morales Show to educate you on all things real estate. Each month, I will have a guest from the mortgage world, title companies, and more to answer any questions that you may have.
Today, my guest is Karly Rosalez from Prospect Mortgage. Karly and I will discuss how to buy a secondary property. We’ll go over:
- How to know if you qualify to buy a secondary property.
- Can you own two houses at once?
- Buying a secondary property with an FHA loan vs. a conventional loan.
- Buying a vacation home vs. an investment property.
- Using rent from your departing residence to pay for your second home.
Watch the video above to learn everything you need to know about purchasing a secondary property.
If you have any questions for Karly, you can call or text her at 805-302-8224. As always, if you have any other questions, just give me a call or send me an email. I would be happy to help you!
