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All Forum Posts by: Jessica Bercher

Jessica Bercher has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: Mortgage on Primary or Rental?

Jessica BercherPosted
  • Posts 1
  • Votes 0

Is it better to have a mortgage on a rental or a primary? 
I am selling my primary residence and moving states which we will get about $275k equity from.  We were planning on buying a townhouse in full with the equity to temporarily live in. Then finance our primary with 10% down and lease out the townhouse.  
Would this be the smartest move? 

0 Votes