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Updated about 7 years ago on . Most recent reply

Renting Out Current Primary Residence — How?
We are considering moving to a new home and renting out our current home. My question is how this works—I am thinking we would transfer title to an LLC, but do we have to notify the lender? Can we just keep making the mortgage payments? Do we need to refinance with the LLC? We have an FHA loan. Thanks for any advice.
Most Popular Reply

Find tenants and move out. It's really no more complicated than that. You've lived there for 9 years so you are not going to have a problem with your mortgage company.