Purchase of a primary home before selling previous oneSubmitted by max1938 on Thu, 03/28/2019 - 12:27
we plan to buy an apartment as a new primary home. We will buy it before selling the current primary home. Thus, for a certain period (say, a year or two), we will own two primary homes, and we will not be able to use the proceeds of a house sale to purchase a new one. We will pay cash for the new home, drawing in part from our retirement funds and savings. We would like as suggestion as how to model this situation.
Many thanks, Max