Updated over 13 years ago on . Most recent reply
New here today looking to learn.
I have a mortgage on my home in Nm primary residence it's only $117.000. I want to buy a home in Florida to become my new primary residence when my current home sells. Would it be best to buy as second home or as primary residence.
I don't need to sell the current home as I already have sufficient down payment for the FL home.
Or should I refinance existing home keep it and rent out out?
Help don't know what to do!