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Author: Dwdonhoff Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 126958  
Subject: Re: Buy and Sell at the Same Time Date: 7/9/2013 6:47 PM
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Hi Qs,

So a mortgage would be the way to go?
Yes

I didn't think a bank would approve a mortgage to purchase a second house, but it makes sense.
Its not considered a 2nd house if you are moving into it.

In general, are there penalties for early payoff of a mortgage?
No, not in the current world of residential loans.

Dave Donhoff
Leverage Planner
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