You can have primary residence mortgages and rental property mortgages simultaneously.
Buying Second Houses
The most common reason for having two mortgages is that you're buying a second home -- typically as a vacation or investment property. For example, you might already own a home and want to use a new mortgage to buy a rental property across town. If your credit and income allow, you should be able to secure another mortgage for this reason.
Simultaneously Buying Houses
Primary Residence Rules
Buying, Then Selling
What Is the Difference Between a Sales.
A sales agreement or contract is the most common way.
Foreclosure Forgiveness as a Result of.
Foreclosure as a result of relocation for a job can.
Home Co-Ownership Agreements
Home co-ownership agreements are necessary when more.
Instructions for Proceeds From Real Estate.
Proceeds from real estate are subject to many.