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Updated almost 3 years ago,
Does rental property hinder you from moving into a bigger house?
Hi BP members,
I am a newbie here but I have been listening to the BP podcasts for the past year. We are thinking to buy a long term rental property. We currently have a mortgage for our home and I am just wondering if we buy a rental property now with a conventional loan, will it be harder to obtain a bigger mortgage if we were to move into a bigger house down the road?
Thanks,
Jackie