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All Forum Posts by: Bao Nguyen

Bao Nguyen has started 1 posts and replied 1 times.

Hi everyone,

I’m looking for some advice from those who have done something similar.

Here’s my situation:

  • I currently own and live in my primary residence.
  • I’m considering refinancing it using a DSCR (Debt Service Coverage Ratio) loan, which would officially turn it into a rental property.
  • After that, I would purchase a new primary residence with 5–10% down (conventional loan or FHA, depending on what fits best).