BiggerPockets Real Estate Podcast cover image

720: Seeing Greene: Why Interest Rates Don’t Matter As Much as You Think

BiggerPockets Real Estate Podcast

00:00

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

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app