Updated over 8 years ago on . Most recent reply
Primary residence mortgage multi family
Hi. I have a question that has many moving pieces. And I am hoping someone on here with mortgage underwriting experience can help me.
-Married
-Own a house and 2 multi family properties currently leased. All 3 on mortgage
If I was to move out of my primary residence and allow my wife toto live there. Would we be able to buy another multi family property that I would live in. I don't want her moving from house, as we have kids. I can't move into either of my other properties because A. They are not nice enough for my taste and B they are leased and making money.would I ever be underwritten for a primary residence mortgage in this case?