I bought my house 11 months ago and am looking at a new one, I'd close in a month. I would keep my current house, which has a primary residence loan, and rent it out. Do I need to do anything?
I bought my house 11 months ago and am looking at a new one, I'd close in a month. I would keep my current house, which has a primary residence loan, and rent it out. Do I need to do anything?
Yes, you need to change the details from primary to investment
why do I need to do that?
You would have to pay me for a consultation
I'll give you one for free - there is absolutely no obligation to do so. Your claim that I would have to make that change is incorrect and in conflict with the mortgage agreement, showing that you haven't even bothered reading the sort of document you claim to be relying on
One year. One year, not 5. Have a great weekend
so if I bought the house 11 months ago and am moving in a month that is how long?