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Updated about 6 years ago,
Renting Primary Home to a Relative
Has anyone ever rented out a primary home to a relative? My thoughts are that since I have a low apr 3.25 on a primary, I will eventually rent it out to not lose this low interest rate. Plus, the mortgage is under $200k. I am thinking about buying a multi family to live in and have this primary on the side. Any thoughts on how I should set up titles?