They are available for the right property with 20 to 25% down. There are 2 primary keys to getting a non-occupied property loan. 1: The home owners association has to have the proper ratio of owner occupants and 2: the home owners association has to be on solid financial footing. (These underwriting guidelines sound like the late 1980’s!).
To this day I drive by University Hills in Denver and Dream House Acres in Centennial and say to myself “I wish I had bought then”. There is probably a neighborhood you think would make a good rental. Let’s set up a daily or weekly search for you to find out. It is not time to be timid but rather to be bold.