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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceSwitching primary residence to rental property
Brian Heimerdinger's profile image
Brian Heimerdinger's profile image
Brian Heimerdinger
  • Real Estate Investor
  • from Livingston, New Jersey
  • Member since Jul 9, 2017
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Brian Heimerdinger's profile image
Brian Heimerdinger's profile image
Brian Heimerdinger
  • Real Estate Investor
  • from Livingston, New Jersey
  • Member since Jul 9, 2017
Connect
Brian Heimerdinger
  • Real Estate Investor
  • Livingston, NJ
1
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12
Posts
Private Lending & Conventional Mortgage Advice

Switching primary residence to rental property

Brian Heimerdinger
  • Real Estate Investor
  • Livingston, NJ
Posted Jul 10 2017, 16:02
Hi guys, was wondering if there are any issues switching over a primary residence to a rental. I currently own a place and am looking to switch it over to rental, and buy a new primary. Does this void the mortgage? Or have any ramifications? As long as I claim it on taxes and get the right insurance it is legal correct?
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