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Updated about 4 years ago on . Most recent reply
Primary residence: how fast can you move from 1 to the next? max?
Hi BP strategist:
How fast can you move from one primary house to next with primary residence rates? Am I thinking in the right direction?
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Lei Lu thanks for posting! Always great to hear from a fellow Texan. Bigger Pockets does have some good state specific forums and Texas is their most active forum. Feel free to post there if you ever need some more "local" advice about things.
Usually when you purchase a primary home you are using FHA/Fannie Mae/Freddie Mac types of loans. Those state that you occupy the property for 12 months. So in theory, you could buy a new primary home every 12 months. Hope all of that makes sense. Thanks!