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Updated almost 4 years ago,
Keeping First Home as Rental
Hello BP,
I'm not an investor yet, but my wife and I are considering holding on to our first home when we move to a bigger place and renting it out. When we move, we'll own the first house free and clear, but are considering taking out a mortgage on it for the downpayment of the new house. How would any of you think about this situation from a real estate investing perspective?