Hey Guys,

I currently own a house in SF that I purchased for $860,000 a few years ago with a 30 year fixed loan at 3.75%. It’s worth around 1 million now and could rent it out for around $4,000.

I'd like to get a duplex in the east bay using a HELOC for the down payment and was looking at places for around 700ish in price.

I’ve been told that I’ll get better loan terms if I move into the duplex I buy in the east bay and turn it into my primary residence. Do you guys think it is worth it given the savings I’ll get? Should be almost an entire 1% lower for a 30 year fixed and 5% less of a down payment requirement.

Thanks in advance!