Rasmey Rentals » current http://www.ramsey-rentals.com Mon, 13 Dec 2010 04:29:55 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 How do we turn our current home into a rental property? http://www.ramsey-rentals.com/how-do-we-turn-our-current-home-into-a-rental-property/ http://www.ramsey-rentals.com/how-do-we-turn-our-current-home-into-a-rental-property/#comments Tue, 26 Jan 2010 16:39:31 +0000 http://www.ramsey-rentals.com/how-do-we-turn-our-current-home-into-a-rental-property/ We are in the process of purchasing another home and would like to turn our current home into a rental 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 almost 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 expensive for rental properties?

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