Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago on . Most recent reply

Primary Residence Mortgage
I have a client who just recently bought his first home and now wants to rent the home, as his parents are moving to Florida by years end and don't want to sell their home. He will live in their nicer more updated home and rent his recent purchase. He is cocerned about the mortgage stipulations and someone (the mortgager) coming after him. I dont want to give bad info in case their may be some repercussions.
What should he do?