Investment Property Before Primary
Hi Everyone!
My fiance and I are currently going to go under contract for a new build soon and are very excited. The new build estimated time to completion is 6-8 months (December/January).
My business partners and I are currently looking at an investment property in Chattanooga (We already have one here.) The timeline for that would be much sooner.
My question is around the financing of the properties. Would purchasing an investment property before primary affect the rate on my primary down the line? Or Vice Versa?
Would it make more sense to wait until our home is completed to start shopping around for another investment?
I appreciate the help!