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All Forum Posts by: Nick Symon

Nick Symon has started 1 posts and replied 2 times.

Starting Out

Post: Keeping First Home as Rental

Nick SymonPosted
  • Knoxville, TN
  • Posts 2
  • Votes 1

Thanks everyone for the feedback.  I really appreciate it. 

0 Votes
Starting Out

Post: Keeping First Home as Rental

Nick SymonPosted
  • Knoxville, TN
  • Posts 2
  • Votes 1

Hello BP, 

I'm not an investor yet, but my wife and I are considering holding on to our first home when we move to a bigger place and renting it out.  When we move, we'll own the first house free and clear, but are considering taking out a mortgage on it for the downpayment of the new house. How would any of you think about this situation from a real estate investing perspective? 

1 Vote