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Updated over 3 years ago on . Most recent reply

Raymundo G.'s profile image
Raymundo G.'s profile image
Raymundo G.
  • from San Antonio TX
  • Member since Apr 1, 2021
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Raymundo G.'s profile image
Raymundo G.'s profile image
Raymundo G.
  • from San Antonio TX
  • Member since Apr 1, 2021
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Raymundo G.
  • San Antonio TX
1
Votes |
3
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General Landlording & Rental Properties

Rental current residence

Raymundo G.
  • San Antonio TX
Posted

I'm living in these house for three years, I recently refinance to lower the interest. So I call my bank and ask if I could rent these property and get a loan for an other house, they said I have to refinance and put it as and investment property due to the insurance. So as an investment property the interest will go up. Is that right?

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