Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
converting primary to rental and buying new primary
so I am just thinking out loud here ....
I am closing on a refi on my current primary residence... we purchased in 2016...lived in it now 3 years plus... I am considering a custom build to move out and rent b/c we can now make about 12% c/c due to the new rate...
curious though, as a refi, is there a "seasoning" period to being able to go this route? and also getting a new loan on the new custom build, I assume I can then turn around and get a "primary" mortgage rate on that as well?
thanks in advance
bo