Posts Tagged ‘current’

We are in the process of purchasing another home and want to turn our current home into a leasing property (we have already been approved to carry both loans). Our current loan is an FHA loan, and we have lived in the house for nearly 3 years. Is it legal to do this with an FHA loan?

Also, do we have to change our homeowner’s insurance, and is it more pricey for leasing properties?