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Real Estate
Reply to "Can you buy a house and then rent it out?"
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[quote=Anonymous]I live in a condo building. While I don't love the idea of renters, I really can't complain as most of them are really wonderful people - some of whom have taken better care of the building than owners. So quit your judging. OP, as others noted, this is tricky. It's been done, but still - very tricky. You have to affirm to the seller via contract and the lender that you will live there. Doing something other than that is fraud and people get in a lot of trouble for mortgage fraud. [/quote]
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