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Updated 15 days ago, 12/10/2024

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Jessica Bercher
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Mortgage on Primary or Rental?

Jessica Bercher
Posted

Is it better to have a mortgage on a rental or a primary? 
I am selling my primary residence and moving states which we will get about $275k equity from.  We were planning on buying a townhouse in full with the equity to temporarily live in. Then finance our primary with 10% down and lease out the townhouse.  
Would this be the smartest move? 

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