Your interest rate, on a fixed rate loan, should remain unchanged and your mortgage should not be called due.However you should still confirm that this is the case with your lender (and read your mortgage commitment) out of an abundance of caution and because some loans and programs do require a longer seasoning period.

Nida,  as an accredited investor I have to think your smart enough to understand how this works with some simple reading on the subject.. 

The park will be a lot more tricky to finance 

🎉 As we kick off 2025, I want to encourage all my fellow Americans stationed in Germany—or preparing to move here—to start thinking differently about your housing allowance.Did you know that your housing allowance could be more than just a rent payment?

I would take out a private loan on the paid off property to get the other one squared away

If the agent can send you comps or sit down to go over them with you then you both can be on the same page.

Are there any questions you'd suggest asking to better understand this loan structure and its potential limitations?

if it’s illegal today, I don’t want inspector to show up and have more problemsI read about houses build before 1957 so if in current condition I would go to the city to get permitted, would 7ft ceiling still be a problem?

Peter Lohmann’s newsletter is a solid source for staying on top of national trends; I’d recommend subscribing if you haven’t already.In Texas, I’ve noticed increased activity, especially in the Dallas-Fort Worth area.

There is extra costs, more regulation, and more liability.