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Updated almost 3 years ago,

User Stats

28
Posts
17
Votes
Michael Salamone
  • Rental Property Investor
  • CT
17
Votes |
28
Posts

Advice if things get tough

Michael Salamone
  • Rental Property Investor
  • CT
Posted

Hello,

I am seeking some advice for my future strategy. Currently, I am house hacking my current duplex, and am wrapping up some cosmetic renos. However, in my current timeline, with interest rates going up, my new mortgage (FHA to conventional), will be MORE expensive than my current rate. So I feel like my hands are tied and I will be stuck w this mortgage. Any thoughts on what some next steps I can take are?

Best,

Michael

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