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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationCan Renting A Property Violate Mortgage Terms?
Michael A.'s profile image
Michael A.'s profile image
Michael A.
  • Investor
  • from Richmond, VA
  • Member since Jun 19, 2016
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Michael A.'s profile image
Michael A.'s profile image
Michael A.
  • Investor
  • from Richmond, VA
  • Member since Jun 19, 2016
Connect
Michael A.
  • Investor
  • Richmond, VA
114
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164
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Tax, SDIRAs & Cost Segregation

Can Renting A Property Violate Mortgage Terms?

Michael A.
  • Investor
  • Richmond, VA
Posted Jun 20 2016, 20:26
Greetings, In general is it possible for a loan's terms to state that its subject property may not be rented or leased, and that doing so warrants new loan terms including a new interest rate? Appreciate any anecdotes you may have.
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