Primary Home vs. Rental Property: The Mortgage Rules You Need to Know

📞 Schedule a time to meet with Bill here: https://calendly.com/blitton/ 📲 Text "LEND" to 21000 to schedule a free 15–minute consultation Turning a primary residence into a rental property is a common strategy, but it's also one that can get homeowners into hot water if they don't follow the rules. In this episode, Bill breaks down the key differences between mortgages for primary homes versus investment properties, and what you need to know before converting your home into a rental. Here's what we discuss in this episode: 🏡 The benefits of buying a primary residence vs. a rental property ⏳ How long you need to live in the residence before you sell it 🚨 The consequences of occupancy fraud, including losing your property 💰 Buying to Rent? Bigger Down Payment Ahead   CONTACT: Schedule a time to meet with Bill here: https://calendly.com/blitton/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/ Call: 484-352-4151. Check us out on YouTube: https://bit.ly/3KbUxAF