Primary Residence>12 months>convert to a rental>repeat.

[Andrew P.]

I bought my first investment property in February. I put 20% down and cash flow about $400/month. I purchased another property in July that I'm living in. I plan on living in it 12-13 months, then converting it to a rental, and buying another primary residence. I'm a little concerned with timing. We all know it takes about a month to close on a house. How did you guys manage this? In terms of when you put your house on the market to rent, and when you start the closing process for the new home? Did you have problems at the bank getting another mortgage out before your house is rented?