You can't get a primary mortgage for a rental. There is a time term in the note, like you have to occupy for at least two years. You can use a cash -out refi o

You can't get a primary mortgage for a rental. There is a time term in the note, like you have to occupy for at least two years. You can use a cash -out refi on your primary and use those proceeds for a rental (but you'll need lots of equity). One can also get non-commercial loans to buy rentals but the terms (eg LTV, rate) are steeper than for primary.