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Posts Tagged ‘Buying House’

 

When can someone after buying a 2nd house refinance house # 1?

Saturday, January 10th, 2009
Refinance
nini asked:


I bought my house 9 years ago, and I have very low interest. I’m in the process of buying a 2nd house planning to rent the first one. My question is how soon after I sign the papers for the other house can I refinance this house.
I just want to get more confortable with my payments. I also have a good credit. I don’t know if that helps.
Thanks.

Eric

 

How hard is it to refinance your home as a rental property?

Friday, November 21st, 2008
Refinance
edernshelm asked:


Our current mortgage needs to be refinanced no matter what we decide to do, but we are considering using the home we live in as a rental and buying another house to live in. Our mortgage now requires that we live in the home. How difficult is it to refinance as a rental property? Our credit is good. Has anyone out there done this?

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