Wednesday, June 15, 2011

Is refinance a must to convert my primary residence into an investment property?

I am buying another home and making it my primary residence. I am planning to rent out my current primary residence, on which I have mortgage, thereby making it an investment property. Does that invalidate the mortgage terms because the mortgage was issued with the condition that the property be used as a primary residence. [...] http://bit.ly/iJgxCP

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