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Asked by , 85226 Mon Aug 25, 2008

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Gary Miljour, , Chandler, AZ
Mon Aug 25, 2008
Let me give you my perspective as a mortgage lender. You are ok with converting your current home into a rental. If you plan to turn around and buy another home right away and get qualified for a new mortgage, there are certain guidelines that need to be met based on how long you have owned your current home. Hope that makes sense. If you have specific questions, please just contact me.
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James Joseph, , 06281
Mon Aug 25, 2008
If you plan on just trading from one residence to one rental unit it should not be a problem. If you plan to increase the density you should go to your town/city hall and discuss it with the building dept.
Al the best,
James Joseph
The R/E Maven
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