Episode 699 Tip From Ariel Eve on Question Two

When you move out of a house that's your primary residence, it doesn't just automatically adjust to a investment property loan with a higher rate. You're not allowed to use income from a primary residence to qualify for more properties and your next property in most cases. So the alternative is to move out by either renting or increasing W two income to afford the two houses without counting the rental income. David: I'm frequently telling people to house hack every single year. It does not matter if you are alone is a primary residence loan. If you got a fixed rate will not change for the next period of time,. usually 30 years that you have that loan. The key is when you move out

Play episode from 19:59

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app