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Updated over 6 years ago, 09/02/2018
Wondering about keeping primary residence for rental property
Hey everyone. I’m in the very beginning stage of my real estate journey and was wondering about getting started by keeping my current primary residence as a rental instead of selling. My family and I are looking to move soon (within the next year or two) and was wondering if I did keep it, how would that effect us with a purchase of a new home through the lenders eyes. How do they look at balancing two mortgages, ect??? Thanks in advance for any and all advice.