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Updated about 6 years ago on . Most recent reply

Mortgage primary residence vs investment property
I am looking at buying my first home. It has a large lot so my plan was to buy the house and live in it while building a barndominium on the property. Then live in it while renting out the original house. What type of mortgage would I need? I would like to use a primary residence mortgage but didn't know how that would work with renting out the house.