Would love some incite on how to calculate my current home as a rental property. Do we use the vales as if we did not own the house? Do we use the values on our current mortgage? Having a bit of trouble and would love any information. I have been told and read on Bigger Pockets one of the easiest ways to get into real estate investing is renting the house you first buy when you are ready to move.
Yes, evaluate it as if it were on the market and vacant.
Your primary residence typically won't make a good investment property.